Of course, they totally missed the story behind the story, in that the auto and oil industries and the nation's addiction to the automobile are responsible for all of this.
Why are food costs rising? Transportation costs are one overwhelming reason. There are two factors behind this:
- The price of oil is driving up the amount of money it takes to harvest crops (unless people are still using bull and plow systems, which I pretty much doubt) and get their produce to market.
- The current "eco-friendly" fad of using ethanol and biodiesel for fuel are diverting crops away from human and animal consumption and toward fueling vehicles, driving the cost of corn and soybeans and other crops used for these fuels increasingly higher.
From a strictly economic standpoint, creating less demand for oil will push the oil companies to charge less, to try to draw people back to driving. They're charging more now because they can, so let's make them unable to charge more!
Also, lessening the amount of fuel used will drive down the need for ethanol and biodiesel, which will encourage more use of food crops for actual food instead of fuel.
It's all amazingly connected... yet amazingly ignored by the media.
People, not speed.