Edward doheny biography oil tycoon
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Edward L. Doheny
American oil tycoon ()
For the baseball pitcher whose full name is Edward Richard Doheny, see Ed Doheny.
Edward Laurence Doheny (; August 10, &#;– September 8, ) was an American oil tycoon who, in , drilled the first successful oil well in the Los Angeles City Oil Field.
His success set off a petroleum boom in Southern California, and made him a fortune when, in , he sold his properties.
Edward doheny biography oil tycoon
He then began highly profitable oil operations in Tampico, Mexico's "golden belt", drilling the first well in the nation in He expanded operations during the Mexican Revolution, and opened large new oil fields in Lake Maracaibo (Venezuela).
His holdings developed as the Pan American Petroleum & Transport Company, one of the largest oil companies in the world in the s.
In the s, Doheny was implicated in the Teapot Dome scandal and accused of offering a $, bribe to United States Secretary of the Interior Albert Fall.[1] Doheny was twice acquitted of offering t