• 3 minutes Could EVs Become Cheaper than ICE Cars by 2023?
  • 6 minutes Your idea of oil/gas prices next ten years
  • 12 minutes WTI Heading for $60
  • 5 hours Is California becoming a National Security Risk to the U.S.?
  • 13 hours Plastic Myth-Busters
  • 12 hours At U.N. climate talks, US Administration Plans Sideshow On Coal
  • 7 hours A Sane Take on Nord Stream 2
  • 14 hours Good Sign for US Farmers: Soybean Prices Signals US-China Trade Deal Progress
  • 21 hours Soybean sale to China down 94%
  • 8 hours I Believe I Can Fly: Proposed U.S. Space Force Budget Could Be Less Than $5 Billion
  • 15 mins UK Power and loss of power stations
  • 20 hours what's up with NG?
  • 11 hours OPEC Builds Case For Oil Supply Cut
  • 2 days Starbucks slashing its corporate workforce
  • 2 days New Oil Order- Diplomacy, Geopolitics and Economics
  • 2 days Pros and Cons of Coal
Alt Text

Don’t Expect Palladium Prices To Plunge

Palladium has recently soared to…

Alt Text

This Year, Everyone Will Love Uranium

Utilities have been buying uranium…

Alt Text

Peak Lithium Won’t Happen Anytime Soon

Peak lithium is not happening…

Gail Tverberg

Gail Tverberg

Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior…

More Info

Trending Discussions

Food Prices 18.5% Higher than a Year Ago

I am busy working on some bigger projects that I can’t write about yet, but I thought I would put up a little scanned in section from today’s WSJ relating to food prices. Food prices are now 18.5% higher than a year ago, and higher than when they reached their peak in 2008.

Farm product prices

High food prices are a concern, both for poorer people in the US, and for the huge number of poor people around the world. If food prices go up, many will not be able to pay for sufficient food for a well-balanced diet (assuming they could in the past). And of course, as food prices go up, people will cut back on spending on more discretionary items, since they have to eat.

The current rise in prices does not look like it has hit a maximum yet. The recent run-up in oil prices may not be fully reflected in the food costs. All of this is concerning.

By. Gail Tverberg

Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior to getting involved with energy issues, Ms. Tverberg worked as an actuarial consultant. This work involved performing insurance-related analyses and forecasts. Her personal blog is ourfiniteworld.com. She is also an editor of The Oil Drum.




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News