Hors d'Age at $46! An omen of impending rumflation? - Tiki Drinks and Food

TG The Gnomon Member MD-DC-VA Joined: May 01, 2007 Posts: 1293	TG The Gnomon Posted posted on Sun, Apr 27, 2008 11:28 AM It's all about oil. Back in the 70s the US made a decision to stop tapping certain US oil reserves and cut back on others. Ever since then the reliance on foreign oil has caused a continuous reverse roller coaster ride to the cost of doing business, and thus, cost of living. The direction is one of ever rising. We have now arrived at a point where the US economy is heading down the tubes because of it. Petroleum goes into lots of stuff besides transportation. You can attribute the rise in cost of just about everything mainly to oil. Of course, in the matter of rum, should the sugar cane crops that supply the rum industry be adversely affected that would have a dramatic effect. But for the most part it's all about the oil. Anyway, I'd say we can expect to see rumflation across the board eventually. Stock up when you can. Freakin spelling [ Edited by: The Gnomon 2008-04-28 06:29 ]

It's all about oil.

Back in the 70s the US made a decision to stop tapping certain US oil reserves and cut back on others. Ever since then the reliance on foreign oil has caused a continuous reverse roller coaster ride to the cost of doing business, and thus, cost of living. The direction is one of ever rising. We have now arrived at a point where the US economy is heading down the tubes because of it. Petroleum goes into lots of stuff besides transportation. You can attribute the rise in cost of just about everything mainly to oil. Of course, in the matter of rum, should the sugar cane crops that supply the rum industry be adversely affected that would have a dramatic effect. But for the most part it's all about the oil.

Anyway, I'd say we can expect to see rumflation across the board eventually. Stock up when you can.

Freakin spelling

[ Edited by: The Gnomon 2008-04-28 06:29 ]

Post #376585 by The Gnomon on Sun, Apr 27, 2008 11:28 AM