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Monday, April 16, 2012

The Age of Cheap Oil Has Ended  |  Peak Oil News and Message Boards

The Age of Cheap Oil Has Ended  |  Peak Oil News and Message Boards: "One of the first impacts of increasing oil scarcity has begun to manifest – food prices are rising. Industrial food production is inextricably linked to the price of oil because it is so energy intensive. It is not only about how food is planted and harvested but also in how vast amounts of food are shifted across vast distances, often inter-continentally. Simply put, food has become just another industrial commodity, inextricably linked to other commodity cycles."

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