Valdez is the end of the road for the North Slope oil's loooong journey down through the state from Prudoe Bay to Prince William Sound. From here it is shipped off on barges. This is where the big Exxon Valdez oil spill occurred in 1989.
Here is a view of the Alyeska Terminal from across the bay:
When you drive up to it (going around on the other side of the bay) this is what you find:
Okay, okay we get the point, but here's a couple more for good measure (just in case we missed the first 3 signs):
And just to be safe, here's a more graphic visual for those who don't read English:
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