Observing the renewable energy transition from a European perspective

World Food and Oil Price Correlation

The world is a complicated place and often it is difficult to make sense of it. Here at least is a piece of knowledge that is easy to remember, namely that oil and food prices are strongly correlated (93.4%). And that there hardly is a time lag between them. And that the poorest are going to be hurt if fossil fuel prices will continue to climb, as they likely will.

Single Post Navigation

One thought on “World Food and Oil Price Correlation

  1. Ramesh chaudhary on said:

    Hey Am ramesh chaudhary

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: