US Inflation and What To Do About It Message Board

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Strategies & Market Trends : US Inflation and What To Do About It

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To: RetiredNow who wrote (113)	6/21/2010 11:44:50 AM
From: rr_burns	Read Replies (1) of 1504

Gasoline is running about 85 cents/litre. Vegetable oil is about a 1$/litre. Alcohol (5% concentration) is about a $4/litre ( and heavily taxed)- we call it Beer. Not many realize how cheap oil actually is. When it has to compete with food in pricing things will get disruptive socially and economically. Not apocalyptic, but defintely messy.

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