Then, when the stuff is grown, it has to be shipped.
Oil = Food.
(and no, the headline is not "cum hoc ergo propter hoc")
From Paul Chefurka.ca:
...The thing that stunned me was the closeness of the correlation. For you math geeks, the correlation coefficient of the two data sets is 0.93!...
HT: Famland LP's post:
Oil and Food Prices
Several years ago National Geographic magazine published an article on oil that included a stunning photo of mature steer and the barrels of oil needed to grow an animal to that size. I recently went looking for that picture, found it, and post it here because it hasn’t lost its impact or relevance one bit....
