--- In FairfieldLife@yahoogroups.com, "sparaig" <LEnglish5@...> wrote:
>
> 
> 
> --- In FairfieldLife@yahoogroups.com, "authfriend" <jstein@> wrote:
> >

> For what it is worth, the rolling average of food prices AND petroleum prices 
> both went above 2x the 2002-2004 price late in 2007:
> 
> http://www.fao.org/worldfoodsituation/wfs-home/foodpricesindex/en/
> 
> Currently, they're both about 2.5x what they cost in 2002-2004
> 

My bad, that was oils and fats (foodstuffs) pricing, not petroleum.

However, the rolling price of petroleum crude pretty much tracks that of food:

http://quotes.post1.org/historical-crude-oil-price-chart/

L

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