Oscar S. Wyatt Jr., Wily Texas Oilman, Is Dead at 101

Oscar S. Wyatt Jr., a cunning and ambitious Texas oilman who built a fortune selling energy through his company Coastal Corporation, has died at the age of 101. Wyatt's life was a testament to his unwavering entrepreneurial spirit, which took him from the oilfields of Texas to the halls of power in Washington D.C. and even to the doors of dictators' palaces.Born in 1922, Wyatt began his career in the oil and gas industry, eventually founding Coastal Corporation in 1951. Over the years, he grew the company into a multinational energy powerhouse, making billions of dollars through shrewd deals and strategic investments. His success earned him a reputation as a wily and astute businessman, capable of navigating the complex web of global energy politics.Wyatt's influence extended far beyond the boardroom, as he cultivated relationships with some of the most powerful people in the world. He counted U.S. presidents among his acquaintances, and his charm and charisma won him access to the Oval Office. However, his connections were not limited to democratic leaders; Wyatt also courted dictators and authoritarian leaders, seeking to expand his business empire into new and often unstable markets.One of the most notorious chapters in Wyatt's life came in the 1990s, when he was convicted of paying kickbacks to the Iraqi government in exchange for oil contracts. The scandal led to his imprisonment, a stunning downfall for a man who had once been hailed as a titan of American industry.Despite his controversies, Wyatt remained a significant figure in the energy world until his later years. Even in his 90s, he continued to advise on energy deals and offer his insights on the global market. His passing marks the end of an era for the oil and gas industry, which has undergone significant transformations since Wyatt's heyday.Throughout his long and eventful life, Wyatt left an indelible mark on the energy landscape. His story serves as a reminder of the power of ambition, the allure of risk, and the enduring influence of a well-timed deal. As the world bids farewell to this Texas oilman, it is clear that Oscar S. Wyatt Jr.'s legacy will continue to shape the industry for generations to come.