Search Options
close
Search the following clips:
All Clips
Everyone's Clips
My Guides
Sign Up
Install
Learn More
Login
Price of oil is famine as food plugs demand
tabsey
follow
3
2-9-2008 3:32 AM
158 views
tags:
economics
tabsey
says:
A fair summary of the world we have at this time.
Add a Comment
Login
to Comment. Not a member yet?
Sign up
Related Clips
Why Do the Rich Get Richer and the Poor Ge...
Britons 'need £13k' to earn a decent stand...
Economics is not the theory of everything
41 secrets your doctor would never share...
Economists: SCOTUS misread evidence on det...
Energy Transitions Past and Future
The End of the Inflation Scare
More clips from
tabsey
Istiklal
How Dare They Rip the Fourth Amendment?
Prison guard films 'Zimbabwe vote rigging'
Today's Top Clips
Torture and Imprisonment of Children
Stem Cells 2.0: Scientists Make Revolutionary Advance
Japan Creates Mega Solar City -Leads World
B- membrane: The computer of tomorrow
How Do You Hide An Elephant Contest
&Why people believe Americans are Stupid&
UK patients to get free healthcare throughout EU
10 Most Awesomely Bad Moments of the Bush Presidency
Intuition can be explained
Clifftop communities
visit the
Top Clips page
View the Top Clips from
February 9, 2008
Embed This Clip In Your Site...
<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8ea6dae6-9b28-4f35-bfbc-83bc8da60a98/D9E99B2E-3AA4-4A80-B6A7-5334BA43872C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://business.smh.com.au/price-of-oil-is-famine-as-food-plugs-demand/20080208-1r43.html" href="http://business.smh.com.au/price-of-oil-is-famine-as-food-plugs-demand/20080208-1r43.html" style="font-size: 11px;">business.smh.com.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.smh.com.au/price-of-oil-is-famine-as-food-plugs-demand/20080208-1r43.html"><P>VULNERABLE regions of the world face the risk of famine over the next three years as rising energy costs spill over into a food crunch, the US investment bank Goldman Sachs says.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.smh.com.au/price-of-oil-is-famine-as-food-plugs-demand/20080208-1r43.html"><P>"We've never been at a point in commodities where we are today," said Jeff Currie, the bank's commodity chief and oil guru.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.smh.com.au/price-of-oil-is-famine-as-food-plugs-demand/20080208-1r43.html"><P>Global oil output has been stagnant for four years, failing to keep up with rampant demand from Asia and the Middle East. China's oil imports rose 14 per cent last year. Biofuels from grain, oil seed and sugar are plugging the gap, but drawing away food supplies at a time when the world is adding more than 70 million mouths to feed a year.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.smh.com.au/price-of-oil-is-famine-as-food-plugs-demand/20080208-1r43.html"><P>"Markets are as tight as a drum and now the US has hit the stimulus button," Mr Currie said in his 2008 outlook. "We have never seen this before when commodity prices were already at record highs. Over the next 18 to 36 months we are probably going into crisis mode across the commodity complex.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D9E99B2E-3AA4-4A80-B6A7-5334BA43872C/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
Clipmarks
Home
New Clips
Top Clips
Dashboard
Popular Topics
News
Life
Science
Technology
Entertainment
Get Started
Sign Up
Install Clipping Tool
How Clipping Works
Clip-to-Blog™
ClipSearch
Tools and Resources
FAQ
ClipWeek
Top Clippers
Top Tags
Site Map
About Clipmarks
About Us
Contact
Blog
Copyright
Privacy
EULA
OK