History of the oil shale industry in the United States Act of 1985 which among other things abolished the United States' Synthetic Liquid Fuels Program. Union finally bowed to continued low oil prices and closed the project in 1991, rather than complete the US$2 billion project. Over several decades, some of the world's largest oil companies (Amoco, Arco, Chevron, Exxon, Gulf, Phillips, Shell, Sohio, Sunoco, Texaco, Union Oil) had spent billions of dollars to start an oil shale industry in the Green River Formation, the world's largest oil shale resource. But in the end, cheap petroleum prices drove oil shale out of business. Even after the oil shale bust, some
Coordinator of Indigenous Organizations of the Amazon River Basin cultivate mutual collaboration between all Indigenous peoples of the region, and to promote the cultural vindication of its members. Some of the initiatives that COICA has been able to accomplish include allowing indigenous peoples to be educated in their native languages and the foundation of an Amazon Indigenous University. Accomplishments such as these have encouraged the revitalization of traditional cultures. In 1993, COICA’s headquarters was permanently relocated to Quito, Ecuador. Here the organization has received legal recognition by the Ecuadorian state. Coordinator of Indigenous Organizations of the Amazon River Basin Coordinator of Indigenous Organizations of the Amazon River Basin (COICA)