If Iran takes out Israel...it will have to make 25% of our supplies......
but one thing is missing.......AT WHAT COST?
Corn is hitting new highs......now do you want cheap gas.....or food....ie..beef..pigs..chickens...this is going to be fun to watch...I think inflation just hit 7%
A farmer told me yesterday his irrigation operation was costing $16,000 per day this summer in electricity. Ethanol is only an alternative but I doubt it will lower energy costs. However, it will bring some of those costs back home.