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Maine?s lobster industry is caught in a trap

PORTLAND, Maine - It's peak season for lobster and tourism in Maine, yet consumption of this crustacean has fallen to the point where it costs no more than sliced turkey in parts of New England. A solid harvest and diminished demand from diners adjusting to the weak economy have pushed the retail price of lobster in Maine beneath $6 a pound, tightening the financial squeeze on fisherman struggling with soaring fuel prices.

Maine?s lobster industry is caught in a trap
xcel, Aug 1, 2008
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