This article on the NPR website entitled "Rising Food Prices Spark Growing Concern" talks about recent unrest in Haiti and Egypt this week due to inflation driven food price increases. In response to this crisis and the economic problems facing the world, the Group of Seven (G-7) is holding a meeting in Washington over the weekend to "address instability in the global economy." Inflation in food costs are the result of many factors including rising energy prices, the rapid economic growth of developing countries leading to a strain on world resources, and climate change related natural disasters that have affected food production. The recent reallocation of crops and cropland to energy crops have also contributed to rising food prices.
As Dr. Webber noted in class, food is an essential need that affects the stability of society, and I think our country and the world has committed a grave error in thinking that energy takes precedence over food.