Lobstermen are considering keeping their boats at the dock because the price they get for lobsters has dropped to 1970s levels.

Lobstermen are being offered less than $2 per pound for their catch compared to more than $4 a pound in recent years. The price isn't enough to pay for their expenses, which include fuel, gear, bait, and a sternman's salary. A glut of landed lobsters is to blame for the low price.