Specialising in the human experience of Living with prostate cancer – warts and all

Latest oil price news

with 11 comments

Gas pump
Oil price hits new high of $110 a barrel with no sign of a fall – United Kingdom
offset weaker demand in the US to keep prices close to
today’s record levels. The April contract for widely traded West
Texas Intermediate (WTI) oil hit

Long era of rising oil prices creates different scenario to 1970s
Financial Times – London,England,UK
an inflationary spiral in response to oil price shocks in
the 1970s. This is undisputed nowadays. But whether the lessons of the
1970s apply to today’s

OPEC’s Triumph
Washington Post – United States
Even OPEC may be unable to hold prices at today’s high
levels. Whatever happens, the long-term threat of a global oil
cartel will remain.

W’bank – High Oil Price May Worsen Poverty – Washington,USA
“One of the cruel ironies today is the connection between
rising energy and food prices. This coupling can have devastating
implications for global poverty

Written by Greg Naylor

13 March 2008 at 4:30 pm

Posted in social comment

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11 Responses

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  1. unless we embrace local food production Greg, cost of transportation is something we are going to have to figure into production cost increasingly.
    I see tonight on a Current Affair (or Today Tonight I can never tell them apart) there’s a story aboout how much fuel at the bowser is actually watered down!!
    It sounds like we are running out to me.


    13 March 2008 at 5:42 pm

  2. I agree with you entirely about local food production. This is generally known as Relocalisation and here is an important article about How this may work

    Greg Naylor

    17 March 2008 at 10:49 am

  3. yes it is frightening when you realise just how great the distances covered by standard food items is.
    Apparently eating food which is in season is a help (in terms of cutting down the food miles travelled).
    The obvious thing is that there needs to be a closer link between local food producers and retail outlets.
    Food co-ops are a great way to do this, but there’s no reason it couldn’t occur in supermarkets, the infrastructure already exists, it’s just a matter of making the link between local food producer and consumers.
    In a market driven economy, consumer demand is going to be the critical factor.
    People need to start thinking about the distances their food travels from producer to plate.
    A commitment on the part of retailers to provide food from within a certain area will follow I’m sure.


    17 March 2008 at 4:41 pm

  4. The biggest swindle in all this is that retailers charge you more for fresh local produce. They are creating a disincentive for relocalisation by screwing consumers.

    Dave from Albury

    17 March 2008 at 10:04 pm

  5. I think part of it Dave is that local produce isn’t subject to subsidies like the produce that is imported from America and the EU.


    17 March 2008 at 10:07 pm

  6. Relocalisation is happening out here without any organisation or community plannihg.

    Over the last couple of years, there have been about three small market gardens established between Wangaratta and Whitfield. Both Tolmie and Moyhu now have established Farmer’s Markets and a couple of small bakeries have sprung up at Rose River and Whitfield.

    As fuel prices rise, no doubt more of us will grow more of the food we eat. These are all positive signs. Take a look at the website, “Aussies living simply” in the Blogroll to the right of screen.

    Greg Naylor

    17 March 2008 at 10:21 pm

  7. Here are a few of today’s links on rising food prices

    Farmers call for pricing transparency
    ABC Online
    An inquiry into grocery prices has been told there are growing gaps between farm-gate and supermarket food prices.
    Major retailers ‘abusing power’
    Drought not the only factor pushing up food prices Sydney Morning Herald

    Greg Naylor

    18 March 2008 at 11:54 am

  8. that’s a great website Greg. It’d be great to have more local resources though huh?


    18 March 2008 at 1:24 pm

  9. Yeah! So register and start contributing like I do.

    Greg Naylor

    18 March 2008 at 2:29 pm

  10. valid point, on your (blunt) suggestion I have registered.
    You needn’t be quite so scathing though, I’m studying permaculture formally and setting up a garden using permaculture principles on an undeveloped quarter acre block.
    My comment was more about raising the point that for permaculture systems to work they need to operate at the local level otherwise any benefits just get eaten up in food miles rather than an unwillingness to participate.

    Rest assured I’m tapped into the local seed saver network so I get hold of all the best seeds (the ones that go well in this area and climate).
    Throw a rock in the air around here and you’ll likely hit someone who’s dragging the chain environmentally. I like to think I leave a pretty soft footprint though.


    19 March 2008 at 3:03 am

  11. It’d be great to have more local resources though huh?

    I have just revamped King Valley Online with a set of Go Local forums. It would be great if some readers went there and contributed. You need to register an account first.

    Greg Naylor

    20 March 2008 at 11:23 am

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