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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
$6.52 DIESEL SQUEEZES U.S. FISHING FLEETS U.S. diesel prices have climbed to $6.529 per gallon, marking an 11th consecutive weekly increase and hammering fishing-industry margins. Fishermen from Cape Cod to Alabama are cutting activity as fuel costs surge, while weak seafood demand limits their ability to recover costs through higher prices. With distillate inventories historically tight, elevated diesel prices could keep pressure on fishing fleets well into 2027.
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