Edward L. Doheny prices were high. The Mexican Petroleum Company was the largest in Mexico, and Mexico was the largest oil producer in the world. In 1922 Albert B. Fall, U.S. Secretary of the Interior, leased the oil field at Elk Hills, California, to the Pan American Petroleum & Transport Company. Around the same time, the Teapot Dome Field in Wyoming was leased to Sinclair Consolidated Oil Corporation. Both oilfields were part of the US Navy's petroleum reserves. Neither lease was subject to competitive bidding. In 1924 rumors about corruption in the deals escalated into the Teapot Dome scandal. Doheny's reputation was somewhat
History of the oil shale industry in the United States companies, among them Chevron and Texaco. The company based its plans on its proprietary Paraho process retorting technology, which achieved oil recoveries of greater than 90 percent. Besides the Anvil Points lease, Paraho leased some oil shale acreage in Utah, but did no work on the Utah properties. The company produced more than 100,000 barrels of shale oil at Anvil Points in the late 1970s. Sunoco and Phillips Petroleum jointly submitted the US$76 million winning bid on the 5,120-acre Federal Tract U-a in Utah, and formed the White River Shale Oil Corporation to run the project. SOHIO bought into the