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The Other Oil Shock

Posted on January 30, 2008 by Meg Kowalik
Topics: Food, Energy and Oil

Rapidly rising prices for palm oil and other kinds of vegetable oils are having a huge impact in the developing world, where many families grow their own food but must purchase oil in which to cook it. As the International Herald Tribune reports, this increase in the cost of edible oils is only the most recent development in the emerging global problem of rising food prices.

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Keywords: global food crisis, agribusiness

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