Beer prices barrel higher

Posted by Iannucci | 7/03/2007 | 4 comments »
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I'm sure someone will blame Tony George for this.

WASHINGTON, D.C. — Americans hosting Fourth of July barbecues will pay more cold cash for the cold ones this year as beer joins the list of foods and beverages whose prices are jumping, in part because of the booming ethanol market.

Retail prices for beer at supermarkets and other stores were up 3% in May from a year earlier, the biggest increase in 2½ years, according to the latest data from the Labor Department. That's higher than the inflation rate for the overall economy, and a bigger gain than in prices of liquor and wine bought to be consumed at home. (MORE from USAToday.com)

4 comments

  1. Anonymous // July 03, 2007 12:41 PM  

    Sigh.

  2. Anonymous // July 03, 2007 1:34 PM  

    next thing you know your man mitch will raise the tax on smokes,,,wait what

  3. Anonymous // July 03, 2007 2:16 PM  

    MyNameIsIRL is from Phoenix(?) and most likely wouldn't get the reference to Not-MY-Man-Mitch.

  4. Iannucci // July 03, 2007 2:19 PM  

    It's OK - I figured that had something to do with the Governor of Indiana.

    I'm somewhat quick. Occasionally.