• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
Tyrese Haliburton Speaks Out Following Fiancee Jade Jones’ Friend Dying on Bachelorette Trip

Tyrese Haliburton Speaks Out Following Fiancee Jade Jones’ Friend Dying on Bachelorette Trip

June 18, 2026
Gilgo Beach serial killer Rex Heuermann kept ‘Dexter’-style kill room but wasn’t as smart as he thought: DA

Gilgo Beach serial killer Rex Heuermann kept ‘Dexter’-style kill room but wasn’t as smart as he thought: DA

June 18, 2026
Unearthed clip exposes more anti-police rhetoric as El-Sayed gets grilled for deleting social media posts

Unearthed clip exposes more anti-police rhetoric as El-Sayed gets grilled for deleting social media posts

June 18, 2026
Qantas to launch world’s longest nonstop commercial flight between Sydney and London

Qantas to launch world’s longest nonstop commercial flight between Sydney and London

June 18, 2026
Deion Sanders wanted more from his son, Shedeur Sanders, but backs development plan after Myles Garrett trade

Deion Sanders wanted more from his son, Shedeur Sanders, but backs development plan after Myles Garrett trade

June 18, 2026
Facebook X (Twitter) Instagram
Just In
  • Tyrese Haliburton Speaks Out Following Fiancee Jade Jones’ Friend Dying on Bachelorette Trip
  • Gilgo Beach serial killer Rex Heuermann kept ‘Dexter’-style kill room but wasn’t as smart as he thought: DA
  • Unearthed clip exposes more anti-police rhetoric as El-Sayed gets grilled for deleting social media posts
  • Qantas to launch world’s longest nonstop commercial flight between Sydney and London
  • Deion Sanders wanted more from his son, Shedeur Sanders, but backs development plan after Myles Garrett trade
  • Exclusive | MAHA (and Marxist) moms are outfitting their babies in ‘healthier’ wool diapers — that barely need to be washed
  • 1,200-year-old Robin Hood oak tree in Sherwood Forest has died, group says: “Heartbreaking for everyone”
  • Voters head to the polls in key UK by-election
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds
Business

US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds

staffstaffApril 30, 20261 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds

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 Batre, Alabama, like Joseph Rodriguez, are watching for developments in the Middle East as the Strait of Hormuz remains effectively closed as conflict continues in the region. Before the conflict, about 20% of the world’s oil supply passed though the Strait. 

“We definitely depend on the price of fuel, which we can’t control at all,” Rodriguez said. 

FEDERAL RESERVE LEAVES INTEREST RATES UNCHANGED AS POWELL’S CHAIRMANSHIP NEARS END

Iranian officials said Monday they would consider reopening the strait if the U.S. lifts its naval blockade and ends the conflict. The Trump administration rejected the proposal, citing Iran’s refusal to halt its nuclear program.

“It’s going to make it more difficult to make any kind of profit at all,” Rodriguez said. 

Some shrimping crews are using the downtime to repair vessels while waiting for fuel prices to ease.

Meanwhile, fuel prices in the United States continue to soar. AAA reported a gallon of diesel fuel cost an average of $5.46 on Tuesday, about $2 higher than a year earlier.

Rodriguez built the “Little Andrew,” a shrimp boat capable of holding 27,000 gallons of diesel fuel, in 2001. He said the vessel recently burned through about 12,000 gallons during a 37-day trip.

AIR CANADA SCRAPS KEY US ROUTES AS FUEL COSTS SURGE AMID IRAN CONFLICT

The Southern Shrimp Alliance said fuel costs “routinely account for more than 50%” of shrimpers’ total operating expenses, warning that elevated prices could limit access to sustainable shrimp stocks off the U.S. coast.

Rodriguez, like several other shrimpers along the Gulf Coast, said he supports U.S. strikes in Iran and expects fuel prices to eventually fall if the Strait of Hormuz reopens.

“We’ll surf along with it for a little bit because it’s got to be done,” Rodriguez said. “I believe fuel prices will come back down to a more manageable for us in the very near future.”

Shrimp boat engine room

In addition to fuel costs, shrimpers are raising concerns about tariff refunds following a recent Supreme Court ruling.

In February, the U.S. Supreme Court ruled President Trump’s tariffs on U.S. importers were unlawful. The SSA said the U.S. made $902.7 million in tariff revenue on imported shrimp. The U.S. government is refunding it to foreign companies even though American shrimpers want that money to go back to domestic shrimpers. 

Industry groups argue the refunds disproportionately benefit foreign suppliers rather than domestic producers. Nearly $450 million of the refund money is expected to go to India alone, according to the SSA.

CHEVRON CEO WARNS AVIATION STRAIN COULD WORSEN AS JET FUEL CRUNCH DEEPENS

“They ought to put it in some kind of fund to help domestic shrimpers in some sort of way,” Rodriguez said. “We’re in competition with the government of China, for God’s sake, a communist country. We’re in competition with them with their shrimp imports.”

Shrimping nets in Bayou La Batre, Alabama

Rodriguez urged consumers to buy American shrimp instead of imported products, calling it the industry’s “greatest hope.” He also claimed imported shrimp carry a higher risk of contamination from pathogens or veterinary drugs used during production.

CLICK HERE TO GET FOX BUSINESS ON THE GO

“You’d be surprised at some of the high-end restaurants that serve you shrimp, that got more frequent flier miles than I got,” Rodriguez said. 

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

Qantas to launch world’s longest nonstop commercial flight between Sydney and London

Qantas to launch world’s longest nonstop commercial flight between Sydney and London

Ford and NASCAR team up for military tribute during America’s 250th anniversary year

Ford and NASCAR team up for military tribute during America’s 250th anniversary year

Apple CEO says price hikes are ‘unavoidable’ as rising chip costs squeeze tech giant: report

Apple CEO says price hikes are ‘unavoidable’ as rising chip costs squeeze tech giant: report

Home sellers could boost offers by thousands with this surprising paint color

Home sellers could boost offers by thousands with this surprising paint color

LARRY KUDLOW: Kevin Warsh’s message to markets — good news can be good news again

LARRY KUDLOW: Kevin Warsh’s message to markets — good news can be good news again

Oil prices fluctuate as Trump’s Iran deal could fully reopen Strait of Hormuz

Oil prices fluctuate as Trump’s Iran deal could fully reopen Strait of Hormuz

Federal Reserve leaves interest rates unchanged as Warsh era begins

Federal Reserve leaves interest rates unchanged as Warsh era begins

Median US home price projected to hit  million by 2050 — right as millennials retire

Median US home price projected to hit $1 million by 2050 — right as millennials retire

5 simple ETFs to buy with 0 and hold for a lifetime

5 simple ETFs to buy with $500 and hold for a lifetime

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?