Food and gas prices likely to continue rising this year

Australia News News

Food and gas prices likely to continue rising this year
Australia Latest News,Australia Headlines
  • 📰 cleveland19news
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

In fact, you might have to pay even more for those commodities in the coming months.

“It will have global context, impact, beyond anything we’ve seen since World War II,” said David Beasley, executive director of the U.N. World Food Program.China’s new COVID-19 lockdowns are also making it hard for supply chains to recover from the pandemic.

Oil prices dipped a bit this week after Russia said it would ease up its assault on parts of Ukraine, but White House communications director Kate Bedingfield said, “No one shoud be fooled by Russia’s announcement.” “It’s called rockets and feathers, meaning when the price goes up, price per barrel, that means your gas stations prices go up like a rocket. When the price goes down per barrel, the gas station prices come down like a feather,” U.S. Energy Secretary Jennifer Granholm said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

cleveland19news /  🏆 70. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ukraine War's Food Crisis Is Now the Worst Since WWII, UN Food Chief SaysUkraine War's Food Crisis Is Now the Worst Since WWII, UN Food Chief SaysDavid Beasley warned Tuesday the war in Ukraine has created “a catastrophe on top of a catastrophe” and will have a global impact.
Read more »

Maricopa Food Pantry burns in fire, losing 40,000lbs of foodMaricopa Food Pantry burns in fire, losing 40,000lbs of foodOh no... 💔 The Maricopa Food Pantry says about 40,000lbs of canned food, meat and produce were lost in the fire. Most of it could be seen in burned piles on the ground. AshleyOnABC15 speaks with the pantry's president, tonight at ABC15 News at 10.
Read more »

A Food Festival Previewing DC's Hottest Restaurants Is Back This SpringA Food Festival Previewing DC's Hottest Restaurants Is Back This SpringNew Kitchens on the Block is coming back in April. Here are some of the new ventures that will be popping up:
Read more »

‘Hunger Doesn’t Exist in a Vacuum’: OpenShelf Connects Chicago Residents with Food, Resources‘Hunger Doesn’t Exist in a Vacuum’: OpenShelf Connects Chicago Residents with Food, ResourcesLooking for food pantries on the West Side got a little easier, thanks to an online platform that allows pantries to detail their hours of operation, types of food they provide, languages spoken and other resources they provide like immigration services in a searchable map.
Read more »

Assembling Ikea’s Future — Through FoodAssembling Ikea’s Future — Through FoodIkea wants to transition from furniture store to lifestyle brand. Can its restaurants — and new snack bars in its smaller city concepts — make that happen?
Read more »

Ukraine’s other fight: Growing food for itself and the worldUkraine’s other fight: Growing food for itself and the worldUkraine and Russia account for a third of global wheat and barley exports, leaving millions across North Africa, the Middle East and parts of Asia facing the potential loss of access to the affordable supplies they need for bread and noodles.
Read more »



Render Time: 2025-03-04 10:13:48