The oil well may be capped but some residents of Cedar Key say they're still waiting for an economic turnaround. Businesses owners on the island want to make it clear that they're open. Some residents say if tourists don't return to the town, they're not sure what they'll do. Some shops and restaurants have been forced to close. Despite that, one resident is trying to remain optimistic.

"You don't want to give up because people who live and work here this island in their lifestyle," said The Island Place Manager Patti Collins.

Residents are hoping with capping of the oil well, tourists will soon return.