October 7, 2015 — PORTLAND, Maine (AP) — American eels will not be listed under the Endangered Species Act, the U.S. Fish and Wildlife Service said Wednesday, a victory for fishermen who catch the increasingly valuable species.

The wildlife service rejected a petition from the California-based Center for Environmental Science, Accuracy & Reliability to list the eels — prized in Asian cuisine — as threatened.

The petitioners argued that the eels have lost more than 80 percent of their habitat and that the stock is jeopardized by commercial fishing. But the wildlife service issued a report Wednesday saying that “there have been large declines in abundance from historical times,” but the species “currently appears to be stable.”

Fishermen and fishing advocacy groups campaigned against additional protections for eels. Listing them under the Endangered Species Act would have severely limited the ability to harvest them as a commercial species, and they can be of high economic value because of their use in sushi.

Maine baby eels were worth more than $2,100 per pound in 2015, up from less than $100 per pound in 2009. The baby eels, called elvers, are sold to Asian aquaculture companies that raise them to maturity and use them as food.

Read the full story from the Associated Press at U.S. News & World Report