Moving on from Teapot Dome, 90-plus years later
On Friday, the Department of Energy finalized a deal to sell off the Teapot Dome oilfield. Yes … that Teapot Dome.
The oilfield, located in Wyoming, was central to the Teapot Dome bribery scandal that scarred the Warren Harding Administration in the 1920s.
Anyway, taxpayers got 22 million barrels of oil out of the ground over the years. We sold off the oilfield for $45 million.
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