DRILL BABY, DRILL!!!!
And see tag line from the last time gas was this high.
But it would be nice if the CEO mentioned how democrat politicians are holding the world’s economy hostage. I guess democrats buy cheap junk too though.
Today’s USDA crop forecast that reduced the amount of corn available in storage and downgraded the prospective acres that will be planted this spring did not help. Prices on food and fiber will keep going up, much of it because of the punishing oil prices that figure into processing and transportation of everything we buy.
Thank you, Obama, for blocking oil drilling in the USA and putting us into this terrible situation. There definitely will be a “double dip” in the economy, as people have to watch every nickle just to buy gas and groceries.
Hope and Change.....
Inflation is “going to be serious” = CHANGE
Inflation has been going on for more than a few months now.
Has anyone looked at toilet paper, shorter width on the roll? Or a can of tuna or how much water is in a can of corn? You don’t even get an ear of corn in one can.
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Between the huge debt run-up AND the so called “quantitative easing” i.e. printing huge amounts of money, the value of each dollar will go down, buying less.
Prices are going to be going WAY up. Food prices especially, given the ethanol subsidies, where more land is used to grow corn for ethanol than other crops, and oil costs (transportation, as well as fertilizer & other farming costs).
Mark
This must be that inflation that the Barry nursery said would never happen. ...Time to start buying in bulk. Actually, that time was when it was obvious Barry was going to beat the geriatric blunder. Now it’s time to redouble our efforts.
Since I completely ‘battened down my hatches’ starting last spring, I have pretty much cleaned out my freezers by planning meals around what was in there (two uprights) and to make way for venison and some pork and chicken this late summer into fall, plus garden produce. This year’s garden is all about production, Baby! :)
My FIL will be growing out the squash for all of us this year, as he always does. Butternut (Canisi), A Buttercup-type (Mooregold) and Delicata winter squashes this season.
I’m pretty cheap to feed now that it’s just me and I’m not responsible for feeding five men, too! :) (Of course my boys always manage to show up for a visit around supper time...)
Articles like this one always make me check and double check my stash!
Here’s an easy grocery budget to follow for any lukers that may be just getting on the bandwagon:
A $10 Grocery List, with ideas of what to do with the items, too! Might be fun just to do a dry run of this every few weeks to get in the habit:
http://www.budget101.com/household/dirt-cheap-groceries-14.html
Oh, and friends, watch out on those Ramen noodles; there’s quite a bit of salt and palm oil in them. Find out how to make your own noodles—more cost effective and healthy.