Food and Gas prices on their way
Food prices are directly linked to oil and so to our long distance model.
What can be done? Can we decouple our food system from oil and imports? I think that we can and have to. What else can we do - hope???Amplify’d from www.cbc.ca
P.E.I. consumers are less than thrilled that oil and food — especially staples such as bread, pasta, rice and coffee — are about to become more expensive.
Grocery giant Loblaws has announced it will raise prices on many items by an average of five per cent starting next month.
Skyrocketing food prices have been among the triggers for protests in Egypt, Tunisia and elsewhere and raised fears of a repeat of the food price crises in 2007 and 2008.
In Charlottetown, Buns n' Things bakery is already hiking its prices by five per cent, saying the cost of the flour and shortening it uses has gone up 20 per cent since last fall. The bakery has been absorbing the cost until now.
Read more at www.cbc.caOther retailers such as Sobeys have suggested they'll have no choice but to raise food prices as well.

