With the latest "oil crisis" in Alaska about to impose some more heavy duty increases in the price of fuel, I often wonder how high it would have to go before it is no longer viable to grow crops in this country?
If oil goes up natural gas usually follows...and usually then fertilizer as well as just about everything else we need?
Supposedly this causes inflation and the government has this bright idea that the best cure for that is to raise the interest rates! And on and on it goes...
I listened to some economical guru on CNN the other night who said the high cost of gasoline in the USA is starting to take a toll on the real estate market there(as well as "high" interest rates)! He claimed that $3(US) a gallon was too high and would wreck the economy? Now a US gallon is 3.78 liters which by my math works out to 80 cents(US) a liter or about 91 cents Canadian? If 91 cents/liter is going to destroy the US economy how are we surviving here at $1.12/liter?
I've heard numbers thrown out there about what this Alaska thing might do to gas prices. $1.50/liter seems to be popular!
If oil goes up natural gas usually follows...and usually then fertilizer as well as just about everything else we need?
Supposedly this causes inflation and the government has this bright idea that the best cure for that is to raise the interest rates! And on and on it goes...
I listened to some economical guru on CNN the other night who said the high cost of gasoline in the USA is starting to take a toll on the real estate market there(as well as "high" interest rates)! He claimed that $3(US) a gallon was too high and would wreck the economy? Now a US gallon is 3.78 liters which by my math works out to 80 cents(US) a liter or about 91 cents Canadian? If 91 cents/liter is going to destroy the US economy how are we surviving here at $1.12/liter?
I've heard numbers thrown out there about what this Alaska thing might do to gas prices. $1.50/liter seems to be popular!
Comment