Oil! oil museums in Kern County, California and the libraries and museums in the area around Silver City, New Mexico, as well as the period photography, which played a large part in shaping his screenplay and the film. Oil! Oil! is a novel by Upton Sinclair, first published in 1926–27 and told as a third-person narrative, with only the opening pages written in the first person. The book was written in the context of the Harding administration's Teapot Dome Scandal and takes place in Southern California. It is a social and political satire skewering the human foibles of all its characters.
Salad Oil scandal Salad Oil scandal The Salad Oil scandal, also referred to as the "Soybean Scandal", was a major corporate scandal in 1963 that ultimately caused over $150 million – approximately $1.45 billion in 2017 dollars – in losses to corporations including American Express, Bank of America and Bank Leumi, as well as many international trading companies. The scandal's ability to push otherwise cautious and conservative lenders into increasingly risky practices has prompted some comparisons to recent financial crises including the 2007–2008 subprime mortgage financial crisis. The scandal involved the company Allied Crude Vegetable Oil in New Jersey, led by Anthony "Tino"