The Era Of Cheap Food And Cheap Gasoline Is Over
All of our lifestyles are about to change in a major way, but the vast majority of the population still does not understand what is coming. Throughout our entire lives, we have always been able to depend on a couple of things. There would always be cheap gasoline to fuel our vehicles and there would always be mountains of cheap food at the grocery store. No matter who was in the White House and no matter what else was going on in the world, those two things always remained the same. Unfortunately, those days are now over and they aren’t coming back.
We have entered the greatest energy crisis that any of us have ever experienced, and it isn’t going to go away any time soon.
So you might as well get used to high gas prices. Earlier this month, brand new all-time record highs were set all over southern California…
- Los Angeles-Long Beach – $6.46 (Record high)
- Orange County – $6.42 (Record high Saturday)
- Ventura County – $6.40
- Riverside County – $6.33 (Record high)
- San Bernardino County $6.32
But that isn’t the real problem.
The real problem is with natural gas.
Thanks to the war in Ukraine, supplies of natural gas in Europe have become extremely tight, and this has pushed prices into the stratosphere.
Needless to say, this is going to greatly affect food productions in the months ahead. According to Bloomberg, over two-thirds of all fertilizer production capacity in Europe has already been shut down due to soaring natural gas costs…
Europe’s fertilizer crunch is deepening with more than two-thirds of production capacity halted by soaring gas costs, threatening farmers and consumers far beyond the region’s borders.
This is an absolutely massive story, but hardly anyone in the United States is covering it.
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