What is really causing prices to go sky high?

Is there really a world wide food shortage? Is the world's supply of fuel really running out? Does Global Warming have a factor of any of this?

Lot's of questions - I know, but are there any good answers? I do believe there are. From what I have been able to find out from national news stories that are not based in the USA pertaining to the food shortage is that major middle men in the supply chain are hording the food that can be stored to force the price up. These suppliers are causing an unnatural demand for rice, wheat and other grains. There are food riots in some 3rd world counties not due to the shortage of food but due to the price of it.

Next the fuel question. In the USA only 10% of all oil consumed is imported. It is not imported form where you think it is. About 90% of the imported fuel comes from Canada and the rest from Venezuela and OPEC. The oil companies are using OPEC as an excuse to raise the price of gasoline at the pump. Exxon oil profits are up again this quarter - are you surprised? Oil companies, price gougers at their best.

Global Warming is in fact taking place and it is debatable if the cause of it is fossil fuels or a natural cycle the Earth goes through every 200-900 years. Global Warming will be a factor in causing droughts, floods and other natural occurrences. That could be a good thing if you make your living off of rebuilding. It is a bad thing because natural disasters cause our insurance rates to go up.