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    Soaring Fuel Costs Squeeze Maine's Lobster Fleet| World Business Watch

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    October 25, 2026
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    Soaring Fuel Costs Squeeze Maine's Lobster Fleet| World Business Watch

    Maine's lobster industry is facing a costly squeeze — soaring fuel prices, falling lobster prices and tariff uncertainty are eroding profits. Climate change and possible new whale protection rules are adding to the pressure on an industry that supports thousands of coastal famil

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