Europe is experiencing one of the coldest and wettest summers on record this year. This goes towards the cyclical argument. Al Gore is part of the 1% and his S-Corp distinctly set up to hold all of the revenues from the green concerts and movies must be taxed at 75% or more. Pay your fair share Al! No rich tricks by you stinky richers!
Another reason you don't take your food and turn it into ethanol. There is now a shortage of corn where the prices will rise for food. This is such a messed up Country anymore. Plenty of corn if you just use it for food.
This pending shortage is not a concerted effort to raise prices, the drought is real. Get out of your house and go look.
I had to buy a 275 gallon tank to haul water for family member's gardens, because their wells are going dry. I have seen more of these tanks being hauled around than ever before.
Portable toilet companies are renting more portable toilets than ever, because wells are going dry and people don't want to waste precious water to flush their toilets.
I saw a nursery had tapped into a fire hydrant for their water. Bet that will cause their prices to rise.
Many corn fields have been so dry, the corn has wilted or will be a very poor crop. I saw sweet corn prices at...$5.00 a dozen. Sure there will be corn, but not enough as projected, so each business that needs corn for their production will be willing to pay a higher market price in order to stay in business.
Earlier this year, a late frost destroyed many apple blossoms in Northeast Ohio, so the affected orchards have signed contracts to ship apples in from Washington State so they will have product for their buyers, but at a higher price, so as to pay for shipping and handling.
So, if you still feel that this is a big hoax, you are living far too much a sheltered life.
Making ethenol from corn is what caused many farmers to plant more corn. Without ethenol, farmers would be planting less corn. There are only 3 good cash crops for farmers today, corn, soy beans and wheat. But you cannot plant the same crop year after year on the same plot of land, so you rotate your crop planting every year or two. This year was projected to be a big year for corn, but soy beans are also suffering from the drought and soy beans are a big supplement in our food diet, as well as used for production of oils and even plastics.
Wheat is the least desireable crop to grow, because it is usually planted in late August or September and not harvested until the following June, so you lose a season, but since you must rotate your crops, wheat is in the loop.
Since we are experiencing a severe drought in our midwest "breadbasket" all of these crops are suffering, so do expect to see higher prices across the board for most foods we buy. To protect their investment, many farmers purchase crop insurance just in case of crop failure, but this does not avoid the potential shortages compounded by their crop failures.
This video is worth watching . There is a theory that a government "chemtrail" program is influencing worldwide weather patterns , including droughts.
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