Teapot Dome: For Emergency Usage Only
The oil reserves at Teapot Dome as well as in Ca was indeed put aside during the demand associated with U.S. Navy, which was in fact transforming coal-fueled vessels into oil-powered vessels since 1909.
Much more vessels had been transformed to operate on oil, Navy officials desired to guarantee there is sufficient oil at turn in the big event of a war or any other crisis. Under President William Howard Taft, Congress begun to put aside federal lands thought to include oil as crisis reserves. [Read more…]