{"id":3735,"date":"2014-03-05T21:27:18","date_gmt":"2014-03-05T20:27:18","guid":{"rendered":"http:\/\/www.theoillamp.co.uk\/?p=3735"},"modified":"2014-03-06T17:30:32","modified_gmt":"2014-03-06T16:30:32","slug":"resource-volatility-and-high-prices-set-to-last","status":"publish","type":"post","link":"https:\/\/www.theoillamp.co.uk\/?p=3735","title":{"rendered":"Resource volatility and high prices set to last"},"content":{"rendered":"

Resource volatility and high prices set to last. That was the message that was contained in a report from the the Green alliance<\/a> a couple of weeks ago.\u00a0 Over the last decade the price of oil, metals and food has soared. Look at this graph from their report.\u00a0 The correlation between fuel and food prices is very tight.<\/p>\n

\"\"<\/p>\n

The impact of this on our cost of living has been huge.\u00a0 The Green alliance reckons that the combined energy bills would be half what they are today.\u00a0 Food bills would be about 25% less. Of course as I have blogged before the poorest have been the most affected.<\/p>\n

They reckon this resource volatility is set to continue with energy bills approximately doubling by 2020. The question is what to do about it?\u00a0 They briefly come up with some ideas.\u00a0 We could cross our fingers and hope for the best.\u00a0 For example hope that if there is a food shortage other countries will continue to sell us food.\u00a0 Or we can conserve energy and food and recycle more in the way of materials.<\/p>\n

Whilst I don’t disagree with their conclusions I think they need to emphasize the community nature of our response more.\u00a0 We need to cooperate to find a way through this crisis.\u00a0 So for example setting up local food growing projects.\u00a0 Sharing large ticket belongings more, we don’t all need to own everything we use.\u00a0 Churches should be good at this but seem myopic about the gathering storm…\u00a0 More ideas in our book.<\/p>\n

PS don’t forget our lent guide… No oil in the lamp – Lent guide<\/a><\/p>\n

Neil<\/p>\n","protected":false},"excerpt":{"rendered":"

Resource volatility and high prices set to last. That was the message that was contained in a report from the the Green alliance a couple of weeks ago.\u00a0 Over the last decade the price of oil, metals and food has … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[29,8,3],"tags":[],"class_list":["post-3735","post","type-post","status-publish","format-standard","hentry","category-energy-costs","category-lifestyle","category-peak-oil"],"yoast_head":"\nResource volatility and high prices.<\/title>\n<meta name=\"description\" content=\"Resource volatility and high prices set to last. 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