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US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds
Fox Business· 2026-04-30 16:04
BAYOU LA BATRE, Alabama — Many American shrimpers are keeping their shrimp boats docked with an empty tank ahead of shrimping season as high fuel prices and tariff refunds hit the industry with a "double whammy." Rising diesel costs — driven in part by geopolitical tensions affecting global oil supply — are squeezing margins for shrimpers who rely heavily on fuel to operate. At the same time, a dispute over tariff refunds is adding financial pressure across the industry. Some shrimp boat owners in Bayou La ...