[ExI] Food Production

[MB]

>> ...Given that energy and food are linked
>  > together in a very short loop due the
>> ability to use ethanol and vegetable oil
>  > as fuel, any serious and lasting reduction
>  > of the energy production worldwide will
>  > cause the richer nations to use their
>  > riches to buy food and oil at higher prices.
>
> Hmm. I don't know about the "short loop". When
> oil prices jumped way up, did food prices? If
> so, it doesn't seem that food prices have come
> down now!
>

Where I live many food prices did jump considerably (milk, butter, eggs, vegs) and a
good number of them have dropped a bit now, not back to pre-jump, but down.

Regards,
MB