Bob Williams has been hauling lobster traps in Penobscot Bay since 1959 and says this year’s season has been among the most profitable ever.
“It’s rare for us to have a fairly good catch and high prices,” said Williams, 78, who lives in Stonington.
It’s a combination that seems to defy the laws of supply and demand – a large catch tends to lower wholesale prices. But that’s not happening this year even with Maine fishermen on track for another huge catch – about four times greater than what was harvested annually from the 1950s through the 1980s.
To read the rest of the story, please go to: Portland Press Herald
