Friday, June 13, 2008

Europe Fuel Price Riots, Protests Claim Lives, Threaten To Shut Down Cities, Supermarket Shelves Empty

These events have been on the horizon for a few years now, but it's still stunning to see them unfold on the evening news, even when you were expecting such chaos.

And such events are only likely to escalate, as a sudden drop in fuel prices seems unlikely before the end of the year, or even during 2009.

A summer of anarchy looms in Europe, a season of chaos in the US, and downright disaster for many parts of South East Asia.

Oil speculators must pay a heavy price for what they've now unleashed.

Car Plants, Airlines Shut Down As Fuel Protests Escalate Across The World

In Spain, Truckers Blockade Roads Over Fuel Prices, Riot Police Move In

Jets Run Out Of Fuel, Factories Close, Supermarket Shelves Empty

Now Dutch Lorry Drivers Join European Fuel Price Protests


Petrol Prices In UK Expected To Double, PM Warns Against Panic Buying


Europe's Roads Clog As Thousands Join Fuel Price Protests


Two Die In European Fuel Protests

Food Shortages Loom In Spain As Protests Spread

And It's Going To Get Even Worse In India


It's a good time, priority time, to get that food stockpile sorted, if you haven't already. Just in case. Consider it an investment. Bags of rice and pasta I brought last year (here in Sydney) when I started writing here about looming food and fuel shortages now cost more than double what I paid. And nobody is predicting food prices, like fuel, will be dropping any time soon.