June 22nd, 2010
01:42 PM ET

Interactive: How oil has tarred presidents

John Blake

The president was young, a Harvard-educated intellectual admired for his charisma and skill with the written word.

His foe was pious but ruthless, the head of a massive oil corporation that supplied 90 percent of America's oil.

When Theodore Roosevelt tangled with oil tycoon John D. Rockefeller, near the turn of the 20th century, he became the first president to pit the power of the White House against the power of oil.

Roosevelt ultimately won that battle in 1911 when the U.S. Supreme Court approved the breakup of the Standard Oil Company, Rockefeller's company. But oil has tarred other presidents, and may do the same to President Obama as he tries to manage the Gulf of Mexico disaster, says Nancy Koehn, a historian at Harvard Business School.

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soundoff (One Response)
  1. Brad Thompson

    Mr. Cooper,

    My biggest questions are, how much natural gas(methane) is leaking with the oil? At 1800 psi of pressure, i would imagine 2 to3 times as much as the oil, to be able to jet that much oil out at those pressures. Just an educated guess. Also, why aren't scientists talking about the effect on global warming this will cause? Do people really think all this violent weather, and heat are a coincidence? Just one of those years? Methane is 30 times more effective a greenhouse gas, than carbon dioxide.

    June 22, 2010 at 4:07 pm |