Tuesday, July 16, 2013

Food and Energy Prices to Rise (Yes That means Gasoline)

Is it time for food and energy prices to risehttp://www.zerohedge.com/print/476447

It seems as the inevitable trend that must happen 85 billion times 12 months equals 1.020 trillion per year on top of what the US government dos not know how to spend.http://cnsnews.com/news/article/treasury-debt-has-been-exactly-1669939600000000-56-days
(CNSNews.com) - According to the Daily Treasury Statement for July 12, which the U.S. Treasury released this afternoon, the federal debt that is currently subject to a legal limit of $16,699,421,095,673.60 has stood at exactly $16,699,396,000,000.00 for 56 straight days. That means that for 56 straight days the federal debt has remained approximately $25 million below the legal limit. Even though the portion of the federal debt that is subject to a legal limit has not changed in almost two months, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes and bonds it has been redeeming. The “public debt subject to limit”--as the Treasury calls the portion of the federal debt that is legally limited by Congress--first hit $16,699,396,000,000.00 at the close of business on May 17. Up to that point in fiscal 2013, according to the Daily Treasury Statement, the Treasury had already redeemed approximately $4,776,995,000,000.00 in U.S. debt instruments (bills, notes and bonds) that had matured. At the same time, the Treasury had issued $5,354,508,000,000.00 in new debt instruments. That means that, on net, as of May 17, the part of the federal government’s debt publicly circulated in instruments likes bills, notes and bonds had increased $577,513,000,000 for the fiscal year. - See more at: http://cnsnews.com/news/article/treasury-debt-has-been-exactly-1669939600000000-56-days#sthash.RO4RGUdy.dpuf

people we have a large issue on our hands and we can solve it

also with most every product in our homes / lives delivered to us in some form of petroleum there's always the wonder of how or when will big oil end of course it dose not happen over night however with the progress of tesla and china with solar we are cleaning up our planet by cleaning up ourselves.
 we have the health and fitness trend with the electric car trend combined with clean energy.

my friends oil is dirty and disgusting we will be working with clean and clear energy imagine a car you rarely work on and when or if you do you would not get grease and oil on your self or clothing

that's were we are moving and that will be our future together be ready.

GnS+Research


http://www.zerohedge.com/print/476447
[9]


The breakdown by component from the BLS: [10]
Food
The food index increased 0.2 percent in June after declining 0.1 percent in May. The food at home index, which fell 0.3 percent in May, increased 0.2 percent in June. Four of the six major grocery store food group indexes posted increases. The indexes for cereals and bakery products and for meats, poultry, fish, and eggs both increased 0.4 percent. The indexes for nonalcoholic beverages and for other food at home each increased 0.2 percent in June after declining in May. In contrast to these increases, the indexes for fruits and vegetables and for dairy and related products both declined slightly in June, falling 0.1 percent. Over the last 12 months, the index for food at home has risen 0.9 percent, with all the major food group indexes increasing except nonalcoholic beverages, which declined 0.9 percent. The index for food away from home rose 0.2 percent in June, the same increase as in May, and has increased 2.2 percent over the last 12 months.
Energy
The energy index rose 3.4 percent in June after increasing 0.4 percent in May. The gasoline index, which was unchanged in May, rose 6.3 percent in June and accounted for almost all of the energy increase. (Before seasonal adjustment, gasoline prices rose 0.6 percent in June.) The electricity index also increased in June, rising 0.2 percent. However, the fuel oil index fell 0.5 percent, its fourth consecutive decline, and the index for natural gas decreased 0.4 percent, ending a streak of four consecutive increases. All the major energy component indexes have increased over the past 12 months. The index for natural gas rose 11.7 percent while the gasoline index increased 2.8 percent. The indexes for electricity and fuel oil rose more modestly, increasing 1.9 percent and 1.8 percent, respectively.
All items less food and energy
The index for all items less food and energy increased 0.2 percent in June. The shelter index, which rose 0.3 percent in May, increased 0.2 percent in June. The indexes for rent and owners’ equivalent rent both increased 0.2 percent. The index for medical care, which declined in May, increased 0.4 percent in June, its largest increase since last July. The index for medical care commodities, which declined 0.5 percent in May, rose 0.5 percent in June as the prescription drug index turned up. The index for medical care services rose 0.4 percent in June after being unchanged in May. The apparel index increased 0.9 percent in June, its largest increase since August 2011. The index for new vehicles, unchanged in May, rose 0.3 percent in June. The indexes for household furnishings and operations, personal care, and tobacco also increased in June. In contrast to these increases, the index for airline fares declined in June, falling 1.7 percent after rising 2.2 percent in May. The index for used cars and trucks fell for the second month in a row, declining 0.4 percent. The recreation index also declined, falling 0.1 percent.
The index for all items less food and energy increased 1.6 percent for the 12 months ending June. The shelter index increased 2.3 percent over that span, the index for medical care rose 2.1 percent, and the new vehicles index rose 1.2 percent. The index for used cars and trucks was one of the few to decline
over the last 12 months, falling 2.3 percent.

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