Oil pollution toxicity to marine fish increased scientific knowledge on the specific effects of oil pollution toxicity to marine fish. Focused research on oil pollution toxicity to fish began in earnest in 1989, after the "Exxon Valdez" tanker struck a reef in Prince William Sound, Alaska and spilled approximately 11 million gallons of crude oil into the surrounding water. At the time, the Exxon Valdez oil spill was the largest in the history of the United States. There were many adverse ecological impacts of the spill including the loss of the loss of billions of Pacific herring and pink salmon eggs. Pacific herring were just beginning
Oil tanker two million barrels of oil, had peaked at $309,601 per day in 2007, and has dropped, as of 2012, to $7,085 per day, far below the operating costs of these ships. As a result, several tanker operators laid up their ships. Prices rose significantly in 2015 and early 2016, but delivery of new tankers was projected to keep prices in check. Owners of large oil tanker fleets include Teekay Corporation, A P Moller Maersk, DS Torm, Frontline, MOL Tankship Management, Overseas Shipholding Group, and Euronav. In 2005, oil tankers made up 36.9% of the world's fleet in terms of deadweight