Food prices are on the rise, because gas is on the rise. All other consumer prices will rise due to the cost of transportation.
Gas prices are controlled by the ME which is in chaos - look for higher prices and more inflation. This will not improve the economy or create jobs.
The only winner will be public transportation for people who have to park their cars or move closer to a job (if they have one).
You are right, but nothing there is in contradiction to my post.