July 24, 2008

Podcast: Gas prices are up 355%...but what about food?

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In this podcast, corn grower Joel High examines the current price of gas - compared to how food prices have changed.

Here's a good line:

In early 2002, the average family paid $102 per week for food, including eating out, and $25 a week for gas. Today we’re spending $124 a week on food and $83 for gas. So in six years food prices have gone up 23 percent but gas has gone up 335 percent. If gas had gone up the same amount as food, we’d only be paying $1.39 a gallon today.

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