Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.
Moving on from Teapot Dome, 90-plus years later
Share Now on:
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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.