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Politics : Formerly About Advanced Micro Devices

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From: bentway1/26/2016 5:57:57 PM
   of 1574851
 
One Salmon Now Costs More Than a Barrel of Oil

Weird times we're living in

By Jenn Gidman, Newser Staff
newser.com
Posted Jan 26, 2016 12:00 PM CST

(NEWSER) – 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.)
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