Skip to comments.
FOOD SHORTAGE COMING AS FARMERS STRUGGLE
Moneynews ^
| January 18, 2010
| Dan Weil
Posted on 01/18/2010 8:10:50 PM PST by Comrade Brother Abu Bubba
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80 ... 121-126 next last
The offshore rig rate utilization rate in the Gulf of Mexico was 59.5 percent, down from 73.2 percent a year ago.
Translation: Oil prices increased during the year while paradoxically the rig utilization rate decreased 14 percent. Divergence.
Fewer rigs working means less oil discovered and developed. Expect oil prices of about $100/Bbls. in 2011 increasing to $200-300/Bbls. in about 2012.
Food prices will increase from the current levels as well.
To: Comrade Brother Abu Bubba
Must be time to panic then. Well, OK.
2
posted on
01/18/2010 8:13:36 PM PST
by
Ramius
(Personally, I give us... one chance in three. More tea?)
To: Comrade Brother Abu Bubba
turn the water on in California’s central valley, already!
3
posted on
01/18/2010 8:13:53 PM PST
by
blueplum
To: Comrade Brother Abu Bubba
4
posted on
01/18/2010 8:15:35 PM PST
by
TornadoAlley3
(Obama is everything Oklahoma is not.)
To: Comrade Brother Abu Bubba
Farmers can’t get loans because the government is borrowing all that, in the form of selling bonds. The unpredictable, chaotic business climate fostered by government makes it a bad time to invest a lot of money. They’re just buying bonds.
5
posted on
01/18/2010 8:21:54 PM PST
by
GeronL
(http://tyrannysentinel.blogspot.com)
To: TornadoAlley3
Why do they call it canning and not jarring?
6
posted on
01/18/2010 8:22:35 PM PST
by
proudpapa
(Obama - Worst One Ever!)
To: blueplum
turn the water on in Californias central valley, already!
Tell the farmers in the Willamette Valley in Oregon to plow under their ornamental plants and put in food crops. I don't know about you but I've never found a decent recipe for rhododendron or arbor vitae?
7
posted on
01/18/2010 8:24:39 PM PST
by
Tailback
To: Tailback
When people cant buy ornamentals for need of food the farmers will plant what pays.
8
posted on
01/18/2010 8:26:26 PM PST
by
Concho
To: TornadoAlley3
Your post reminds me of a tale my late Father-in-Law used to tell. He was an insurance salesman during WWII and, for many years, it was common to have "Debit Routes". In other words, he would collect insurance premium weekly/monthly from customers in an area of Jacksonville, FL.
He told of visiting a woman and noticing that she had 50-100 5 pound bags of sugar stacked in her kitchen. Given that sugar was a "Rationed Commodity" during WWII, he asked her what she was going to do with all the sugar?
She immediately replied that she had been forced to purchase all the sugar before.... "THE HOARDERS DID"!
I remember many other bizarre tales about the behavior of folks during the WWII rationing days! Such actions were observed during the gasoline rationing during the Carter years!!!
Government "Planning" always results in unintended consequences!!!
9
posted on
01/18/2010 8:28:54 PM PST
by
ExSES
(the "bottom-line")
To: Comrade Brother Abu Bubba
Not only that, but the soviets in the federal government are planning to take 59 million acres of US farmland out of production— no such thing as private property here— to use as a phony globalist ‘carbon offset’ and plant trees on it.
This is a plan by the feds that Ag periodicals have uncovered and is currently in the works.
To: Comrade Brother Abu Bubba
“Food prices will increase from the current levels as well.”
If the U.S. government killed the “ethanol as fuel program” and freed corn up for consumption and export, food prices would fall and the U.S. would be feeding the world again.
11
posted on
01/18/2010 8:34:09 PM PST
by
Rembrandt
(.. AND the donkey you rode in on.)
To: TornadoAlley3
To: BenLurkin
13
posted on
01/18/2010 8:55:47 PM PST
by
jwalsh07
To: TornadoAlley3
14
posted on
01/18/2010 8:57:26 PM PST
by
edwords
To: Comrade Brother Abu Bubba
"The offshore rig rate utilization rate in the Gulf of Mexico was 59.5 percent, down from 73.2 percent a year ago."Comrade Brother Abu BubbaINCORRECT.
-
Dec 31, 2009 - The net one-
rig change in the contracted count combined with the two-
rig increase in fleet size nudged the region's
offshore rig fleet
utilization rate down
...www.ods-petrodata.com/odsp/weekly_rig_count.php - Cached - Similar
-
Jan 1, 2010 - A year ago, 55 jackups were contracted for a 69 percent
utilization rate. The increase in activity has done little to boost the
offshore service vessel
...www.workboat.com/newsdetail.aspx?id=4294987717 - Cached
-
Jan 6, 2010 - The following vessel
utilization rates for the fourth quarter 2009 do not take into
... Strong multi-client sales were recorded during the quarter both
offshore Brazil
... Analysis: Nearly 60 New
Rigs Scheduled to Hit the Waters in 2010
...www.rigzone.com/NEWS/article.asp?a_id=85097 - Cached
15
posted on
01/18/2010 9:02:11 PM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: proudpapa
Why do they call it canning and not jarring? It's less jarring to call it canning :-)
Besides, the noun "can" predates the noun "jar" by a few centuries, according to M-W.
16
posted on
01/18/2010 9:16:47 PM PST
by
Greysard
To: Southack
Just another chapter in the Marxist playbook.
To: Concho
When people cant buy ornamentals for need of food the farmers will plant what pays.
You know that and I know that, but obviously the writer of the article doesn't know that.
18
posted on
01/18/2010 10:18:12 PM PST
by
Tailback
To: Southack
The offshore rig utilization rate in the Gulf of Mexico was 59.5 percent, down from 73.2 percent a year ago.
If you look at the chart from ODS/Weekly Rig Count for the Gulf of Mexico, the information is just as stated.
59.5 % now, 73.2% one year ago. Less rigs working as compared to last year = future price increases in oil.
To: Comrade Brother Abu Bubba
Major new oil finds/production, plus rising rig counts in the Gulf of Mexico and Brazil, combined with China’s reduced demand, means lower oil prices.
20
posted on
01/18/2010 11:01:25 PM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80 ... 121-126 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson