Monday, October 17, 2005

Texas shrimpers struggle to stay afloat

Dallas Morning News | News for Dallas, Texas | Texas/Southwest: "Prices for commercial diesel have increased from 90 cents a gallon to $2.70 a gallon in a year and half. Hurricanes Katrina and Rita didn't hurt the industry along the Texas coast, although the Louisiana industry suffered casualties.

The Texas shrimping industry is part of the larger Gulf of Mexico industry, which competes with shrimp caught off the east and west coasts as well as domestic, farm-raised shrimp and imported shrimp.

Shrimping accounts for 90 percent of the value of the Texas commercial fishing industry, according to a 2004 report by the Federal Reserve Bank of Dallas."


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