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Marissa's Blog
Food Prices Spike
The Oregonian reports this morning that food prices have jumped 4.8% in the last year, the biggest increase in 17 years.
Has your family noticed the spike? What, if anything, are you doing to save on food?
Posted on January 25, 2008
Comments
(Note: Comments are the views of their authors, and no one else.)
Posted by: Max - January 26, 2008 04:21 PM
What a surprise! Politicians jump on the AlGore bandwagon and mandate that all fuels in the Portland area contain x amount of biofool. It's most visible here, but happens wherever politicians who know better than the rest of the folks attempt to socially-engineer lifestyles of the great unwashed.
In the USA, ethanol is largely derived from corn - great for farmers, but bad for feed producers. Political hijinks, in other words, are driving up the costs of everything from tortillas to milk and eggs - just so that they can show that they "care" about the environment.
Oh, and since ethanol produces 20% less power per gallon than petrofuel, it means that distributors have to pay more to get product to market.
Gee, isn't it nice that politicians can feel good about themselves?