This took place as Clinton/Gore were voted out, right before they hit the "out" door (with the "w" keys pried from Whitehouse keyboards in their back pockets).
A pay-off to Hammer & Oxy, with the Gore's still holding Oxy stock. If not all of what they had a-hold of, open & out-right, then by proxy shells, oh, you betcha!
First, the Navy should never have given it up as their strategic reserve!!!