AMC plans to announce it's developing a miniseries about the Teapot Dome scandal, according to The Hollywood Reporter.

Black Gold: The Teapot Dome Scandal, adapted from the nonfiction book by Laton McCartney, is set in the 1920s following a scandal involving big oil companies during President Warren G. Harding's administration. It was generally considered to be the worst example of political corruption until Watergate.

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"'Teapot Dome' is quite possibly the most outrageous political scandal in American history," said Joel Stillerman, AMC's senior vice president of original programming. "It is bawdy and substantive at the same time, and reminds us that nefarious connection between the oil industry and our government is not a new phenomenon."