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
Indigenous peoples in Ecuador the case left by Texaco and was said to be required to pay 9 billion dollars in damages. This is known to be one of the largest environmental lawsuits award recorded. Ethnic Wage Gap in Ecuador Ecuador has a history of Spanish colonization of indigenous people that were enslaved, abused, and exploited. Eventually the country adapted the French Neo-Lamarck ideology leading to “mestizaje.” This “mestizaje” began in the sixteenth century where white colonizers began to mix with indigenous to “improve” the indigenous race. Ecuador’s historical background has left the country with a very stratified social environment. This is the nucleus