Following the hurricanes that struck Central Florida in 2004, Universal was forced to temporarily close the ride in January 2005 due to the rising cost of petroleum, which was used to fuel the numerous pyrotechnical effects throughout the attraction as well as the tour boats.
On December 2, 2011, Universal Orlando Resort announced that the Jaws attraction along with the entire Amity area of Universal Studios Florida would close permanently on January 2, 2012 to "make room for an exciting, NEW, experience."