Bill Allen (businessman) Barbados as well. VECO also was a worldwide player in the oil industry, having divisions in many major oil markets, including the Sudan, Russia, Mexico, Venezuela and Syria. VECO had a major impact on the economy of Alaska and employed over 5,000 people worldwide. On March 24, 1989, the oil tanker Exxon Valdez ran aground on Bligh Reef, spilling eleven million gallons of crude oil into the waters of Prince William Sound. The Exxon Valdez oil spill was the second largest in United States history, after the BP Gulf of Mexico Deepwater Horizon spill. Under Allen's guidance, VECO (along with
History of Alaska by the Federal Government. The possible environmental repercussions of oil production became clear in the "Exxon Valdez" oil spill of 1989. On March 24, the tanker "Exxon Valdez" ran aground in Prince William Sound, releasing 11 million gallons of crude oil into the water, spreading along 1,100 miles (1,800 km) of shoreline. According to the U.S. Fish and Wildlife Service, at least 300,000 sea birds, 2,000 otters, and other marine animals died because of the spill. Exxon spent US$2 billion on cleaning up in the first year alone. Exxon, working with state and federal agencies, continued its cleanup into the