Not exact matches
If you wanted to find a commodity whose
escalating scarcity and
price would
cause maximum discomfort to complacent westerners, coffee is about as good as it gets.
Ethanol makers experienced improved financial performance because of changes out of their control - as in the case of natural gas
prices falling drastically in response to increased fracking for natural gas production - but lost money because of increased corn
prices caused by
escalating Chinese grain demand.
«It would be highly precipitous... for the United Nations or other international bodies to single out biofuels as the major
cause for
escalating food
prices and take actions that might lead to even higher food
prices,» the industry group argued.