ExxonMobil the Exxon Building (1251 Avenue of the Americas), its former headquarters in Rockefeller Center, to a unit of Mitsui Real Estate Development Co. Ltd. in 1986 for $610 million, and in 1989, moved its headquarters from Manhattan, New York City to the Las Colinas area of Irving, Texas. John Walsh, president of Exxon subsidiary Friendswood Development Company, stated that Exxon left New York because the costs were too high. On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than of crude oil. The Exxon Valdez oil spill was the
Oil tanker immense numbers of fish were killed. Considering the volume of oil carried by sea, however, tanker owners' organisations often argue that the industry's safety record is excellent, with only a tiny fraction of a percentage of oil cargoes carried ever being spilled. The International Association of Independent Tanker Owners has observed that "accidental oil spills this decade have been at record low levels—one third of the previous decade and one tenth of the 1970s—at a time when oil transported has more than doubled since the mid 1980s." Oil tankers are only one source of oil spills. According to the United