Costly Fuel Means Costly Calories

An Oil Quandary:

The food price index of the Food and Agriculture Organization of the United Nations, based on export prices for 60 internationally traded foodstuffs, climbed 37 percent last year. That was on top of a 14 percent increase in 2006, and the trend has accelerated this winter.

Read the whole story. This has only gotten worse with the use of ethanol, too.

More on the oil sheiks....

Investor's Business Daily doesn't think that the President should be quite that nice to our Arab "friends":

Instead of begging oil sheiks to open the spigots, as the president shamefully did Tuesday in Riyadh, he should be pressuring Congress to open up Alaskan and Gulf Coast refuges to drilling.

This, along with yesterday's post , makes a great deal of sense. Of course, you've got to be willing to let go of some of the religious fanaticism of the environmental movement in order to deal with all of this......