Valdez, Alaska  Valdez (; Alutiiq: ) is a city in the Chugach Census Area in the U.S. state of Alaska. According to the 2010 US Census, the population of the city is 3,976, down from 4,036 in 2000. The city was named in 1790 after the Spanish Navy Minister Antonio Valdés y Fernández Bazán. A former Gold Rush town, it is located at the head of a fjord on the eastern side of Prince William Sound. The port did not flourish until after the road link to Fairbanks was constructed in 1899. It suffered catastrophic damage during the 1964 Alaska earthquake, and is located near the site of the disastrous 1989 Exxon Valdez oil tanker spill. Today it is one of the most important ports in Alaska, a commercial fishing port as well as a freight terminal. The port of Valdez was named in 1790 by the Spanish explorer Salvador Fidalgo after the Spanish naval officer Antonio Valdés y Fernández Bazán. A scam to lure prospectors off the Klondike Gold Rush trail led to a town being developed there in 1898. Some steamship companies promoted the Valdez Glacier Trail as a better route for miners to reach the Klondike gold fields and discover new ones in the Copper River country of interior Alaska than that from Skagway. The prospectors who believed the promotion found that they had been deceived. The glacier trail was twice as long and steep as reported, and many men died attempting the crossing, in part by contracting scurvy during the long cold winter without adequate supplies. The town did not flourish until after the construction of the Richardson Highway in 1899, which connected Valdez and Fairbanks. With a new road and its ice-free port, Valdez became permanently established as the first overland supply route into the interior of Alaska. The highway was open in summer-only until 1950, when it was operated as a year-round route. In 1907, a shootout between two rival railroad companies ended Valdez's hope of becoming the railroad link from tidewater to the Kennicott Copper Mine. The mine, located in the heart of the Wrangell-St. Elias Mountains, was one of the richest copper ore deposits on the continent. The exact location of the right-of-way dispute, in which one man was killed and several injured, is located at the southern entrance of Keystone Canyon on the Valdez side. A half-completed tunnel in the canyon marks the end of railroad days in Valdez.