Low prices have local lobstermen boiling

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The going rate for lobstermen's catches has sunk to the seafloor amidst record harvesting numbers, marking another blow to a profession rocked by regulation and the recession.

Lobsterman Jim Dow, who fishes out of Bass Harbor, Maine, said he's selling his catch for as little as $2.75 a pound - down about 50 cents from last year. Before the recession, he was averaging $4.50 a pound.

Officials attributed the recent price drop to a lobster population thriving in warmer temperatures and a managed habitat.

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