Written by Adrianne Madden
Monday, 28 April 2008
The whirring numbers at the gas pump are putting the squeeze on everyone these days.
This morning I read in the Portland (Maine) Press Herald about a convoy of commercial truck drivers from 25 states that's bound for Washington, D.C. Truckers are protesting the rising fuel costs that they say are evaporating their profits.
According to U.S. Department of Energy data, U.S. average gas prices have jumped from $2.86 a year ago to $3.50 as of April 21 this year. On the diesel front, prices skyrocketed from $2.85 last year to $4.14 this year.
Fishermen feel their pain. The Mobile (Ala.) Press Register tells the plight of shrimpers in Bayou La Batre. Their boats remain tied to the dock because of high fuel prices and low dock prices for wild-caught shrimp. The story notes that to cover fuel costs, a shrimper today must catch nearly 2 pounds of whole, head-on shrimp for every gallon of diesel burned.
Mix rising fuel costs with a steady supply of foreign, farmed-raised shrimp that depresses the wild-caught dock price, and you have a recipe for vessels tying up.
But the fuel crunch is affecting more prosperous fisheries, too. WPVI-TV in Philadelphia broadcast a story about how scallopers in Cape May, N.J., are wrestling with rising fuel costs. Diesel costs $3.75 at the Lobster House Dock in Cape May, meaning it'll run you $7,500 to fill a boat with a 2,000-gallon tank.
Scallopers are getting $7 a pound for their catch. But the fuel costs are quickly eating into the profit margin. And as in Bayou La Batre, some boats are tying up because the high diesel costs prevent them from making money.
Now I'm far from being an economics expert. But I see fishing boats and truckers unable to make money as fuel costs soar, and I don't even want to think about how the airlines are going to survive. I've even seen stories about folks here in Maine hocking household items just to have gas money to go to work and make it through the week.
All of which makes me wonder, if we're fast approaching a point where nobody can afford to buy fuel anymore, to whom, exactly, are the oil companies going to sell their product?
National Fisherman Live: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
NMFS announced two changes in regulations that apply to federal fishing permit holders starting Aug. 26.
First, they have eliminated the requirement for vessel owners to submit “did not fish” reports for the months or weeks when their vessel was not fishing.
Some of the restrictions for upgrading vessels listed on federal fishing permits have also been removed.Read more...
Alaskans will meet with British Columbia’s Minister of Energy and Mines, Bill Bennett, when he visits Juneau next week and will ask him to support an international review of mine developments in northwest British Columbia, upstream from Southeast Alaska along the Taku, Stikine and Unuk transboundary rivers.
Some Alaska fishing and environmental groups believe an international review is the best way to develop specific, binding commitments to ensure clean water, salmon, jobs and traditional and customary practices are not harmed by British Columbia mines and that adequate financial assurances are in place up front to cover long-term monitoring and compensation for damages.Read more...