Researchers studying the affects of resource loss following a technological disaster have exclusively investigated the acute period directly after the event occurred. This study applied Hobfoll's (1988, 1989) Conservation of Resources model in order to examine the long term effects of resource loss on depression in Cordova, Alaska a decade after the Exxon Valdez Oil spill. Results suggest that resource loss was a more prominent predictor for depression than demographics, involvement in the on-going litigation, or commercial fishing jobs. The research concludes that certain aspects of resource loss are critical in the development of depression after a technological disaster, and in understanding how to address depression in the community.