I am proposing a new program. I call it the “Barrel for a Bushel Program”.
Here is how it works:
OPEC nations sell oil for over $140.00 a barrel. OPEC nations buy U.S. grain at $7.00 a bushel. The solution to offset the high cost of oil is to sell U.S. grain to OPEC nations for $140.00 a bushel. If they can’t buy it, well, they can try eating their oil. It’s all about supply and demand.