In the early years of the United States, Atlantic menhaden were being harvested by thousand of ships of fishermen. The Atlantic coastline was lined with processing facilities to quickly transform the fish into a product of worth, typically oil but later fish meal became more popular. Tragedy of the commons set in and the menhaden population began to dwindle. Many of these small companies could not manage, which left only a handful of menhaden fishing companies to remain on the Atlantic coast.