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Oyster Economics

Category: Food&Drink
Posted on: August 15, 2007 12:12 PM, by EJGili

An oysterman in the nation's top oyster-producing state can make as much, if not more, collecting damage settlements from oil companies as from harvesting the bivalves themselves, according to a recent study by two Louisiana State University economists.

Such payments often flow to an oysterman even in cases where there are no oysters to be damaged, said the report, which has infuriated the oyster community here, eliciting complaints that the conclusions are simply lies. ( New York Times)

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