Sunday, July 21, 2019

As Oil prices rise expect more to starve worldwide that can't afford food

When Oil prices rise it soon becomes too expensive to haul food anywhere for poor people to still be able to afford to buy food to eat, so expect the first people to starve are the poorest in Iran as well as poor people worldwide as long as oil prices stay this high or higher. I expect the price of oil likely to hit 100, 200 or even 300 dollars a barrel before this is over. So, unless the poorest are growing their own food worldwide then likely they are going to starve with what is happening with the U.S. and Iran right now.

For now, this is where oil prices per barrel are for now:

Here is a site to look at present oil prices per barrel worldwide:
https://oilprice.com/#

No comments: