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Consumers could face price hikes, shortages as oil spill threatens Louisiana’s commercial fishing industry

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As the massive oil spill in the Gulf of Mexico continues to spread, Louisiana’s $2.5-billion commercial fishing industry, which provides much of the country’s domestic shrimp and oysters, is bracing for a virtual shutdown that could trigger shortages and price hikes for consumers nationwide.

As an armada of fishing vessels are dodging the oil-covered waters, seafood distributors, restaurants and grocery stores across the nation are on edge as well.

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In Southern California, supermarket chains such as Albertsons and Ralphs said they were closely monitoring the situation and were concerned about how serious the problem might become. A spokeswoman for Whole Foods Market said it was prepared to find alternatives — just in case. Read more here.

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