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But, as the easily accessible deposits of oil have diminished, industry has focussed increasingly on unconventional deposits, like the oil sands.
In this diminished industry, Batlle is a visible symbol of rebirth, although the visibility comes at a cost.
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But the current market climate, which has caused sharp drops in advertising revenue for media companies, leading to layoffs and other cost-cutting measures, may have diminished the industry's appetite for such ventures.
Even so, the debate has done little to diminish the industry's obsession with Cyber Monday, so christened in 2005 by Shop.org, the online retail arm of the National Retail Federation, a trade group.
But the financial crisis of 2008 cut the number of opportunities available for these graduates at banks while also diminishing the industry's lustre in the eyes of students, Guido said.
When then prime minister Margaret Thatcher Maggie, to the British public closed the mines, workers protested her attempts to diminish the industry at large and deplete the union that represented it.
The band seems likely to top the charts once again, but with all the numbers in the music industry diminished — the only unqualified blockbuster this year is Adele's "21" (XL/Columbia), a dark horse in a world of Lady Gaga and Beyoncé — it's no longer clear what a hit is.
"As ports compete for business (often spurred on by the cruise industry) and increase supply, the value of each choice is diminished... the cruise industry is in control".
Norwich was developed as an important boot and shoe industry (now diminished) and, together with most other major towns in the county, attracted some light industry.
Often, these jobs are in coastal areas where the fishing industry has diminished, where shipbuilding may have been a force in the past but is no longer, or where other industries have declined.
Wuppertal's textile industry, though diminished, is still important.
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CEO of Professional Science Editing for Scientists @ prosciediting.com