Produce prices ''soaring'', oil price blamed
Date: Thursday, October 28 @ 08:30:38 PDT
Topic: Consumption; Demand; Prices


Disrupted oil production in the Gulf of Mexico remains one of the key reasons why oil prices have hovered near a record $55 per barrel in recent days, and as those prices rise, so do pump prices for gasoline and diesel.

But shipments of fruits and vegetables from the Southeastern U.S., especially hard-hit Florida, also have been affected, and grocers are passing a chunk of the sharp price increases on to consumers.

Sunbury-based Weis Markets Inc., operator of 158 stores in six states, is among other grocers in the Northeast who have started posting signs in produce departments explaining to consumers the sudden price increases.

daily item







This article comes from Peak Oil News
http://www.peakoil.com

The URL for this story is:
http://www.peakoil.com/modules.php?name=News&file=article&sid=1524