"Crews get their wage packets on the basis of the fish they catch, less expenses. If they are out there steaming around in bad weather, there is no money for them."

That is a view echoed by Paul Trebilcock, chief executive of the Cornish Fish Producers Organisation. "The price of fuel has risen to the point where it is affecting skippers' decisions about whether they go to sea," he said.

An article found in Telegraph.co.uk today, explaining the reluctance to hit the seas in bad weather is a great example of higher diesel prices generating "demand destruction" in the fishing industry in England. I wouldn't be surprised if the same thing is happening in Alaska too. Of course the rise of fishermen looking for work that doesn't rely upon oil prices will feed inflation as fish prices will rise in line with the decline in supply. If you thought the price of milk, and other food staples, was high... just wait until you go to pick up fresh salmon.