I don't understand this idea that fishing is not useful. I use it constantly as my primary source of food in Interloper. Packaged food is virtually non-existent in Interloper, so I need to find my own food. Tools/weapons are hard to come by and extremely heavy. I don't even bother crafting any weapons until deep end game after I finish looting all the zones. This way I stay very light for moving my loot from zone to zone, and I always keep my well-fed buff.
There is no need to go through the trouble of crafting a knife, hatchet, and bow/arrows when you can just fish instead, which also allows you to counter cabin fever and cook/boil water at the same time. You can craft deer & rabbit skin clothes from carcasses and use rocks to kill rabbits. Plenty of guts for fishing lines and plenty of wood/coal available to have fires for days at a time in fishing huts any time you start to run out of food and cabin fever threatens.
When I first started playing the game, I also thought fishing was relatively worthless, but now that I have thousands of hours of playtime, it's my primary activity. If anything I spend too much time fishing and it delays my looting speed.
Edit: forgot to mention lamp oil - I go through a ton of it and the only way to get it is fishing
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