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 Search for 2006 gave the state PGK24 million (US$8 million) as its dividend. The company also operates areas in Yemen, Egypt, Libya, and the Kurdistan region of Iraq. In May 2014, Exxon Mobil Corporation shipped the first cargo of liquefied natural gas (LNG) from the US$19 billion PNG LNG Project, in which Oil Search owns a 29% interest. Oil Search was listed on the Dow Jones Sustainability Index Australia for the first time in 2013. According to the Company's 2013 Sustainability Report, the company invested US$8.2 million in community development. Oil Search Oil Search Limited () is the largest oil and