Teapot Dome scandal Teapot Dome was regarded as the "greatest and most sensational scandal in the history of American politics". It damaged the reputation of the Harding administration, which was already severely diminished by its controversial handling of the Great Railroad Strike of 1922 and Harding's veto of the Bonus Bill in 1922. In the early 20th century, the U.S. Navy largely converted from coal to fuel oil. To ensure that the Navy would always have enough fuel available, several oil-producing areas were designated as naval oil reserves by President Taft. In 1921, President Harding issued an executive order that transferred control of
Oil reserves in Ghana to produce per day, from which 135 megawatts of power could be generated and fed into the national and regional grid. GNPC also signed a contract in 1992 with Angola's state oil company, Sonangol Group, that provides for drilling and, ultimately, production at two of Sonangol's offshore oilfields. GNPC was paid with a share of the crude oil. The Tema Oil Refinery in Ghana underwent the first phase of a major rehabilitation in 1989. The second phase began in April 1990 at an estimated cost of CN¥220.8 million or GH₵77.8 million (US$36 million). Once rehabilitation was completed, distribution of liquified