"1924 United States presidential election in Utah The 1924 United States presidential election in Utah took place on November 4, 1924. All contemporary forty-eight states took part, and Utah voters selected four voters to the Electoral College, who voted for president and vice president. Rapid recovery of the economy from a sharp recession following World War I transformed the 1920s into a strongly Republican decade. Even the problematic issue of a farm depression had eased by the time of the election as prices recovered. It was also widely thought that the Teapot Dome scandal could do nothing to revive the"
"of the scandal to erupt in April 1922 when the ""Wall Street Journal"" reported that Secretary Fall had decided that two of his friends, oilmen Harry F. Sinclair (Mammoth Oil Corporation) and Edward L. Doheny (Pan-American Petroleum and Transport Company), should be given leases to drill in parts of these Naval Reserves without open bidding. His acceptance of bribes for the leases resulted in the Teapot Dome scandal. During congressional hearings concerning the scandal in 1924 he explained the concept of oil field drainage with a remark that was later adapted as a line of dialogue in the 2007 film"
"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. On 24 January 1924 Doheny testified before the U.S. Senate Committee on Public Lands and Surveys, and admitted that he had loaned Fall $100,000 in cash with no security some months before the oilfield leasing arrangement was made. Doheny said the loan was a personal one. Pan American"
"April 1922 when the Wall Street Journal reported that United States Secretary of the Interior Albert B. Fall had granted an oil lease to Sinclair Oil without competitive bidding. The oil field lease was for government land in Wyoming that had been created as an emergency reserve for the United States Navy. What became known as the Teapot Dome scandal, ultimately led to a United States Senate establishing a Committee on Public Lands and Surveys to conduct hearings into the circumstances surrounding the government oil lease. The result was a finding of fraud and corruption which led to a number"
"Pan American Petroleum and Transport Company The Pan American Petroleum and Transport Company (PAT) was an oil company founded in 1916 by the American oil tycoon Edward L. Doheny after he had made a huge oil strike in Mexico. Pan American profited from fuel demand during World War I, and from the subsequent growth in use of automobiles. For several years Pan American was the largest American oil company, with holdings in the United States, Mexico, Colombia and Venezuela. In 1924 Pan American was involved in the Teapot Dome scandal over irregularities in the award of a U.S. government oil"
"American Petroleum & Transport Company, one of the largest oil companies in the world in the 1920s. In the 1920s, Doheny was implicated in the Teapot Dome Scandal and accused of offering a $100,000 bribe to United States Secretary of the Interior Albert Fall. Doheny was twice acquitted of offering the bribe, but Fall was convicted of accepting it. Doheny and his second wife and widow, Carrie Estelle, were noted philanthropists in Los Angeles, especially regarding Catholic schools, churches and charities. The character J. Arnold Ross in Upton Sinclair's 1927 novel ""Oil!"" (the inspiration for the 2007 film ""There Will"
"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 dollars – in losses to corporations including American Express, Bank of America and Bank Leumi, as well as many international trading companies. The scandal's ability to push otherwise cautious and conservative lenders into increasingly risky practices has prompted some comparisons to recent financial crises including the 2007–2008 subprime mortgage financial crisis. The scandal involved the company Allied Crude Vegetable Oil in New Jersey, led by Anthony ""Tino"""
"Torrey Canyon lifeboat. In the meantime, the Oil Pollution Act of 1924 had passed, but this statue only limited liability for ""deliberate"" discharge of oil into marine waters. Two years following the Torrey Canyon spill, an oil platform eruption in the Santa Barbara Channel made national headlines and thrust oil pollution into the public spot light. As a result, in 1970, Congress placed oil pollution under the authority of the Federal Water Pollution Act (FWPA) of 1965, which later became the Clean Water Act of 1972 and had previously only covered sewage and Industrial discharge. The FWPA set specific liability"
"in the American economy and political arena. In 1924, President Calvin Coolidge created the Federal Oil Conservation Board in an effort to control oil production and stabilize the oil market. However, The American Petroleum Institute (API), representing over 500 oil companies, opposed the program because it feared many of its affiliated oil corporations would go out of business. Ultimately, through API’s resistance, Coolidge’s program never gained sufficient power. In 1929, however, the sense of crisis in the oil market grew as vast amounts of oil supplies were going unused in Southern California and throughout the US. The API reversed its"
"based on Miller's coverage of the story in the ""Wall Street Journal"", which won a Pulitzer Prize in 1964. Tino De Angelis Anthony ""Tino"" De Angelis (November 3, 1915 – September 26, 2009) was a Bayonne, New Jersey, commodities trader who bought and sold vegetable oil futures around the world. In 1962 he started to corner the market for soybean oil, used in salad dressing. In the aftermath, investors (51 banks) learned that he had bilked them out of about $175 million in total ($1.2 billion in year 2000 dollars). The scandal is named after De Angelis's company, ""Allied Crude"
"oil fields to friends who were heads of oil companies in exchange for over $400,000 in personal loans. Despite attempts to keep the deal secret, the ""Wall Street Journal"" leaked news of the leasing, and the Senate decided to launch an inquiry into the matter. The investigation began in October 1923 after Harding's death, and the Senate Committee on Lands and Public Surveys, which carried out the inquiry, concluded in 1924 that the Teapot Dome and Elk Hills leases to the oil companies had been fraudulent and corrupt. Both Denby and Fall were forced to resign from office as a"
"of civil lawsuits and criminal charges against Harry Sinclair and others. In 1927 the United States Supreme Court declared the Sinclair oil lease had been corruptly obtained and ordered it canceled. Two weeks after Harry Sinclair's trial began in October 1927, it abruptly ended when the judge declared a mistrial following evidence presented by the government prosecutors showing that Sinclair had hired a detective agency to shadow each member of the jury. Sinclair was charged with contempt of court, the case eventually winding up before the United States Supreme Court who, on June 3, 1929 upheld Sinclair's conviction. He was"
"Murphy Oil USA refinery spill The Murphy Oil USA refinery spill was an oil spill that resulted from the failure of a storage tank at the Murphy Oil USA petroleum refinery in the residential areas of Chalmette and Meraux, Louisiana, United States, on August 30, 2005, in the wake of the levee breaks and catastrophic flooding caused by Hurricane Katrina. On August 30, the storm surge from the hurricane caused massive failure in the levees along the Mississippi River-Gulf Outlet Canal, inundating St. Bernard Parish with of water. The Murphy Oil refinery was flooded with of water, and a above-ground"
"playing poker for money if they liked it, but it irked me to see it in the White House. Several of Harding's Ohio Gang associates lost no time enriching themselves at the public expense. Soon rumblings began to be heard over possible malfeasance in various government departments, including Daugherty's Department of Justice. Then on April 14, 1922, the ""Wall Street Journal"" broke a sensational story about a secret bribery scheme involving oil company kickbacks to government officials in exchange for the granting of extraordinarily favorable oil extraction leases via single-bid contracts. The next day Wyoming Democratic Senator John B. Kendrick"
"the hotbed for oil production in the United States. A 1926 Times magazine article stated that the Standard Oil Company of California (now Chevron) was then the largest individual producer of crude oil in the U.S. and dominated the marketing of petroleum products along the west coast of both Americas."" In 1929, however, the sense of crisis in the oil market grew as vast amounts of oil supplies were going unused in Southern California and throughout the US. The situation got worse during the Great Depression, with oil selling for 25 cents a barrel. The solution came in the mid-1930s"
"and a total absence of competent supervision in the determination of oil property values. In 1925, after making public charges that millions of tax dollars were being lost through the favorable treatment of large corporations by the Bureau, Senator Couzens was notified by the Bureau that he owed more than $10 million in back taxes. Then Treasury Secretary Andrew Mellon was believed to be personally responsible for the retaliation against Senator Couzens. At the time, Secretary Mellon was the principal owner of Gulf Oil, which had benefited from rulings specifically criticized by Senator Couzens. The investigations by the Senate Select"
"which devastated coastal areas in both England and France, and the burning of the Cuyahoga River in downtown Cleveland, Ohio. At the time, the Santa Barbara spill was the largest oil spill ever in U.S. waters, and its occurrence during a fierce battle between local residents and the very oil company responsible for the spill only made the controversy more intense, the battle more public, and the anti-oil cause seem more valid to a wider segment of the populace. In the several years after the spill, more environmental legislation was passed than in any other similar period in U.S. history."
"the largest criminal resolution in US history. On 2 July 2015, BP and five states announced an $18.5 billion settlement to be used for Clean Water Act penalties and various claims. In May 1908 a group of British geologists discovered a large amount of oil at Masjid-i-Suleiman in Mohammerah, today the Iranian province of Khuzestan. It was the first commercially significant find of oil in the Middle East. William Knox D'Arcy, by contract with the Emir of Mohammerah, Sheikh Khaz'al Khan al-Kaabi, obtained permission to explore for oil for the first time in the Middle East, an event which changed"
"J. Edgar Hoover took over the position on a provisional basis. Burns also became indirectly involved in the Teapot Dome Scandal, involving the secret leasing of naval oil reserve lands to private companies. In November 1927, Harry F. Sinclair went on trial in federal court for conspiracy to defraud the U. S. in the leasing of the Teapot Dome naval oil reserve. At the request of Sinclair oil executive Henry Mason Day, Burns secretly hired a squad of 14 men from the William J. Burns Detective Agency to ""investigate"" his jurors. Day arranged for their compensation and received their daily"
"Director Smith also served as Chairman of a three-man commission appointed by President Calvin Coolidge in March 1924, after the Teapot Dome scandal, to study the efficient management of the naval petroleum reserves, and as Chairman of the Advisory Committee to the Cabinet-level Federal Oil Conservation Board established in December 1924 to reappraise Federal oil policies. In the fall of 1929, the first Hoover budget called for increased funds for scientific agencies, including $100,000 for fundamental research in geologic sciences, the first substantial increase in Federal funds for geologic investigations since 1915. In the spring of 1930, Congress appropriated $2.87"
"on a single day, August 1, 1923. Soon the Powell field was pumping more oil than the combined oil production of the day in the states of Colorado, Illinois, Iowa, Kansas, Kentucky, New York, Ohio, Pennsylvania, Tennessee, and West Virginia. The Powell oil field produced wealth and tragedy in great proportions. On May 10, 1923, a spark ignited the derrick floor. The fire caused 13 men to die from horrible burns. At peak production the Powell field boasted more than 500 pumping wells and produced some of oil per day. By the late 1920s the Powell field had been pumped"
"Exxon Valdez Oriental Nicety, formerly Exxon Valdez, Exxon Mediterranean, SeaRiver Mediterranean, S/R Mediterranean, Mediterranean, and Dong Fang Ocean, was an oil tanker that gained notoriety after running aground in Prince William Sound spilling hundreds of thousands of barrels of crude oil in Alaska. On March 24, 1989, while owned by the former Exxon Shipping Company, and captained by Joseph Hazelwood and First Mate James Kunkel bound for Long Beach, California, the vessel ran aground on the Bligh Reef resulting in the second largest oil spill in United States history. The size of the spill is estimated to have been ,"
"limited safeguards against the hazards of oils spills. In 1976, a bill to create a cohesive safe measure for oil pollution was introduced to Congress. Neither the House of Representatives nor the Senate could agree on a single statue and the bill fell out of consideration numerous times. On March 24, 1989, the Exxon Valdez hit aground in the Prince Williams Sound and spilled nearly 11 million gallons of crude oil—the largest marine oil spill in recorded history up to that point. Soon afterward, in June 1989, three smaller spills occurred within coastal waters of the United States. This was"
"was badly hurt by the revelation that he had previously accepted a $25,000 contribution from Edward L. Doheny, an oil tycoon implicated in 1922 in the Teapot Dome scandal. McAdoo had returned the normal-course contribution once he learned of Doheny's possible bribes to Secretary of the Interior Albert Bacon Fall to get oil leases. At the 1924 Democratic National Convention, McAdoo notably did not reject the endorsement of the Ku Klux Klan (KKK). Despite these Doheny and KKK issues, McAdoo led after the first ballot of the convention, and on dozens of ballots thereafter, before John W. Davis won the"
"1969 Santa Barbara oil spill The Santa Barbara oil spill occurred in January and February 1969 in the Santa Barbara Channel, near the city of Santa Barbara in Southern California. It was the largest oil spill in United States waters by that time, and now ranks third after the 2010 Deepwater Horizon and 1989 Exxon Valdez spills. It remains the largest oil spill to have occurred in the waters off California. The source of the spill was a blow-out on January 28, 1969, from the coast on Union Oil's Platform A in the Dos Cuadras Offshore Oil Field. Within a"
"Exxon Valdez oil spill The ""Exxon Valdez"" oil spill occurred in Prince William Sound, Alaska, March 24, 1989, when ""Exxon Valdez"", an oil tanker owned by Exxon Shipping Company, bound for Long Beach, California, struck Prince William Sound's Bligh Reef, 1.5 miles west of Tatitlek, Alaska at 12:04 am local time and spilled (or a mass of 35,000 metric tonnes) of crude oil over the next few days. It is considered to be one of the most devastating human-caused environmental disasters. The ""Valdez"" spill is the second largest in US waters, after the 2010 ""Deepwater Horizon"" oil spill, in terms"
"Timeline of the Deepwater Horizon oil spill The following is a timeline of the ""Deepwater Horizon"" oil spill (also referred to as the BP oil spill, the Gulf of Mexico oil spill or the Macondo blowout). It was a massive oil spill in the Gulf of Mexico, the largest offshore spill in U.S. history. It was a result of the well blowout that began with the ""Deepwater Horizon"" drilling rig explosion on April 20, 2010. BP reports a leak a day. DeepWaterHorizonResponse.com domain registered for one year by PIER Systems in Bellingham, Washington to be used by the United States"
"Taylor oil spill The 2004 Taylor oil spill is an ongoing spill located in the Gulf of Mexico, around off the coast of the U.S. state of Louisiana, which resulted from the destruction of a Taylor Energy oil platform during Hurricane Ivan. It was first brought to public attention when the contamination at the site was noticed in 2010 by those monitoring the nearby Deepwater Horizon oil spill. A later report by the Associated Press in 2015 challenged the estimates of the extent of the leak given by the company and the U.S. Coast Guard, which were then revised to"
"largest ever inland oil spill in the United States. In 1991, 1.7 million gallons of oil ruptured from the pipeline in Grand Rapids, MN. Using data from Enbridge's own reports, the Polaris Institute calculated that 804 spills occurred on Enbridge pipelines between 1999 and 2010. These spills released approximately of crude oil into the environment. On July 4, 2002, an Enbridge pipeline ruptured in a marsh near the town of Cohasset, Minnesota, in Itasca County, spilling of crude oil. In an attempt to keep the oil from contaminating the Mississippi River, the Minnesota Department of Natural Resources set a controlled"
"accidentally crashes it. Exxon Valdez oil spill The ""Exxon Valdez"" oil spill occurred in Prince William Sound, Alaska, March 24, 1989, when ""Exxon Valdez"", an oil tanker owned by Exxon Shipping Company, bound for Long Beach, California, struck Prince William Sound's Bligh Reef, 1.5 miles west of Tatitlek, Alaska at 12:04 am local time and spilled (or a mass of 35,000 metric tonnes) of crude oil over the next few days. It is considered to be one of the most devastating human-caused environmental disasters. The ""Valdez"" spill is the second largest in US waters, after the 2010 ""Deepwater Horizon"" oil"
"that brought on the Teapot Dome scandal which ruined the reputation of the administration of Warren G. Harding, now commonly considered to be one of the most corrupt in U.S. history. In 1927 the U.S. Supreme Court invalidated the lease, and returned the Elk Hills to the U.S. government. The oil field went largely untapped, held as a reserve, until the mid-1970s, when Congress passed the Naval Petroleum Reserves Production Act in response to the 1973-1974 Arab Oil Embargo. In 1976 the Ford Administration opened the lands for drilling and production again. NPR-1, operated by Williams Brothers Engineering Company, reached"
"Odyssey (tanker) Odyssey, which previously went by the name ""Oriental Phoenix"", was an oil tanker in operation from 1971 to November 10, 1988, when an explosion caused it to sink in the North Atlantic off the coast of Canada. The resulting spill remains one of the largest oil spills in world history. The tanker was off the coast of the Canadian province of Nova Scotia when it sank and released 132,157 tons (43 million gallons) of oil into the ocean. By way of comparison, 4.3 times as much oil was spilled by the ""Odyssey"" as from the much more famous"
"had been the lowest bidder for a contract to build and fill crude oil storage facilities at Pearl Harbor, and had offered to undertake this contract in exchange for the oilfield lease, being paid in oil and then paying royalties to the government for oil extracted in excess of costs. Eventually the Supreme Court nullified both leases. It was not until 1930 that Doheny was cleared of all charges. In 1923 Louis Blaustein and his son Jacob Blaustein sold a half interest in their American Oil Company to Pan American in exchange for a guaranteed supply of oil. Before this"