Price impact from oil spill is limited to Gulf seafood

06/21/2010 | Wall Street Journal, The

Prices on shrimp, oysters and other food caught in the Gulf of Mexico have risen dramatically as the BP oil spill has spread, but the rest of the seafood industry isn't feeling the impact. Nationwide, restaurants and markets import the lion's share of the seafood they serve, and only about 2% of the domestic supply comes from the affected area, The Wall Street Journal reports. Some eateries that depend on fish from the Gulf are shifting their menus to reflect different sourcing rather than raise prices.

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