Unalaska, the Alaskan Port Town may Face Temporary Slowdown Due to Shell’s Exit from the Arctic

Unalaska, the Alaskan Port Town may Face Temporary Slowdown Due to Shell’s Exit from the ArcticShell Oil said it is abandoning its mission of exploring oil in the Arctic Ocean. That gave a jolt to the Unalaska and even the entire state. Officials of Unalaska said this move will not affect the budget of the city too much but it will affect the business of the local companies that are engaged in deals with Shell. Those companies are trying to figure out what this will mean for their business.

Shirley Marquardt, the mayor of Unalaska said that the decision will affect the companies that are providing support to the Arctic efforts initiated by Shell for a short run.

Marquardt said, "Our community will notice it; our business community will notice it because they utilized a lot of local businesses and hired a lot of folks. So, that's too bad. I mean it was a real boon."

However, she said that the action will only result in a temporary slowdown. According to her the impact s not going to be too big as the port is very busy and has been expanding for years and it will continue to be that way.

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