One Salmon Now Costs More Than a Barrel of Oil

Weird times we're living in
By Jenn Gidman,  Newser Staff
Posted Jan 26, 2016 12:00 PM CST
One Salmon Now Costs More Than a Barrel of Oil
This June 13, 2006, file photo shows a year-old sockeye salmon peering through the glass of a lab beaker at the Eagle Fish Hatchery at Eagle Island State Park in Idaho.   (Darin Oswald/The Idaho Statesman via AP,File)

It's seemingly simple supply and demand that has led us to this point: We now live in a world where a 10-pound salmon is worth more than a barrel of crude oil, a Norwegian seafood-industry site reports, via Bloomberg. This "collapse" in the cost of crude, as Bloomberg puts it, in conjunction with non-ample salmon supplies from Norway, have led to the odd switch in commodity coveting. To illustrate, Alaska Dispatch News points out that a 10-pound winter king salmon would currently go for about $7.34 a pound, or $73 per fish, while a barrel of crude oil is running about $30. (Good thing pricey salmon isn't addictive.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.