McKittrick Oil Field the Teapot Dome Scandal of the Warren G. Harding administration; adjacent to the southwest is the Belgian Anticline Oil Field, along Route 58; and to the southeast is the huge Midway-Sunset Oil Field, the third largest oil field in the United States. The total productive area of the field is . The field is about long on the southeast to northwest axis, and about across. The predominant geologic feature, and the one that makes the McKittrick field distinctive, is the presence of a huge block of Monterey shale – more than long, approximately wide, and up to thick – which
Salad Oil scandal fell drastically as a result, causing the investors to attempt to cash in – American Express was one of the biggest casualties. Its stock dropped more than 50% as a result of the scandal, which cost the company nearly $58 million. De Angelis was convicted of fraud and conspiracy charges in connection with the scandal and served seven years in prison, gaining his release in 1972. Notes 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