Quote:
Originally Posted by Papa_lecki
Lobsters are caught on boats, which require gasoline to operate.
Gas was $1.60, now it’s $5.00.
A lobster boat probably goes through 20 gallons of fuel an hour, that’s $32 to $100.
Lobsters probably $40 to $60 a pound
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The price of lobster is set at the net then goes up from there. Has always been what the market is willing to pay for the bug meat. Supply and demand. Given the rising cost I guess the supply gonna go way up real soon. Lobstah just gonna get bigger and tougher sitting out there in the water