Junior is often referred to as another Warren Harding. I think he intends to be remembered by his oil patch buddies as the Pretzeldent that outdid Harding in giving away federal lands to Big Oil.
http://en.wikipedia.org/wiki/Teapot_Dome_ScandalTeapot Dome scandal
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Teapot Dome is a reference to an oil field on public land in the U.S. state of Wyoming, so named because of a massive boulder that looks like a teapot overlooking the field. It is also a phrase commonly applied to the scandal that troubled the administration of United States President Warren G. Harding.
The Teapot Dome oil reserve scandal took place during the administration of President Harding. In 1921, by executive order of the President, control of naval oil reserves at Teapot Dome, Wyo., and at Elk Hills, Calif., was transferred from the Navy Dept. to the Dept. of the Interior. The oil reserves had been set aside for the navy by President Taft. In 1922, Albert B. Fall, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny. These transactions became (1922–23) the subject of a Senate investigation conducted by Sen. Thomas J. Walsh.
It was found that in 1921, Doheny had lent Fall $100,000, interest-free, and that upon Fall's retirement as Secretary of the Interior (Mar., 1923) Sinclair also “loaned” him a large amount of money. The investigation led to criminal prosecutions.<1> Fall was indicted for conspiracy and for accepting bribes. Convicted of the latter charge, he was sentenced to a year in prison and fined $100,000. In another trial for bribery Doheny and Sinclair were acquitted, although Sinclair was subsequently sentenced to prison for contempt of the Senate and for employing detectives to shadow members of the jury in his case. The oil fields were restored to the U.S. government through a Supreme Court decision in 1927.