Sinclair, Harry F.

▪ American oilman

in full  Harry Ford Sinclair  

born , July 6, 1876, Wheeling, W.Va., U.S.

died Nov. 10, 1956, Pasadena, Calif.

      American oilman who founded Sinclair Oil Corporation, since merged into Atlantic Richfield Company. He also figured in the Teapot Dome scandal of the 1920s.

      Sinclair grew up in Kansas during the early development of the oil fields there and in 1901 purchased his first oil property. Initially a lease broker, he subsequently became an independent producer and finally entered refining and marketing. In 1916 he consolidated his interests into Sinclair Oil and Refining Corporation (later renamed Sinclair Oil Corporation), and within a few years he became a major independent producer with holdings worldwide.

      In 1922 Albert B. Fall (Fall, Albert Bacon), then secretary of the interior in the Warren G. Harding administration, leased Sinclair the so-called Teapot Dome (Teapot Dome Scandal), a U.S. Navy oil reserve near Casper, Wyo. The lease was given to Sinclair without competitive bidding, and it granted him exclusive rights to take and dispose of all oil and gas from the reserve. It was later disclosed that Fall had received large cash gifts and no-interest “loans” from Sinclair and Edward L. Doheny, another oil producer who had taken out a similar lease with Fall's approval. A Senate investigation subsequently brought the scandal to light, the leases were canceled, and Sinclair and others were indicted for bribery and conspiracy to defraud the government. Although acquitted of the major charge, Sinclair served 6 ¹/₂ months in prison for contempt of court and contempt of the U.S. Senate.

      Sinclair's oil business continued to prosper, however, and by the time of his retirement in 1949 Sinclair Oil had assets of $1.2 billion, with earnings of $68 million. Sinclair was also interested in sports and was one of the organizers of the short-lived Federal League in baseball in 1914–15.

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