Everything including oil, natural gas, wheat, and fertilizer is skyrocketing in price right now. Ten- and twenty-year records are being eclipsed, as energy prices are soaring on the back of oil flirting with $114 a barrel. Unfortunately, here comes more inflationary pain, and everything is being blamed on the Russia-Ukraine conflict.
Toward the end of last year, we warned that fertilizer costs were going to harvest costs in 2022 (field to fork, go deep), long before Ukraine came into the picture. Unfortunately, future wheat prices reached $10.59 a bushel today, the highest since March 2008. Additionally, corn prices have passed their highest rate since December 2012.
It may seem like those crops are not that important. However, keep in mind that corn, wheat and soybeans represent the baseline for not only grain production in the U.S, but they are also the primary feed products for proteins: chicken, pork and beef. We are going to feel this second wave surge at the grocery store. Hopefully everyone has prepped.
Additionally, oil prices have jumped to near eight-year highs. Brent crude, the global oil benchmark, rose as high as $113.94 a barrel, the highest since June 2014, and has been trading around $111 for most of the day. If you were paying $4/gal for gas, these oil rates add around another .50¢ today alone. Yes, you read that correctly, inbound tankers of gasoline will offload at your convenience store at a rate ten percent higher than yesterday.
Making matters worse, the Joe Biden energy policy -focused almost exclusively on green energy- is making any investment in domestic oil production tenuous at best. The major oil companies are wary of spending money for U.S. energy development in a climate where the U.S. government is specifically against that effort.

However, as with all NYT reporting of the U.S. intelligence apparatus, the information within the article must be viewed through a different prism to understand the real motives being discussed.
Previously, Sean Penn headed to Venezuela to showcase support for Hugo Chavez, and that led to millions suffering starvation. A few years later, he turns up in Mexico supporting infamously brutal drug lord Joaquín Archivaldo “El Chapo” Guzmán. Conspicuously, right before the FBI nabbed El Chapo. Now Penn resurfaces in Ukraine to document the downfall of Ukranian President Volodymyr Zelenskyy.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”
Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.