Approximately 70% of the cost of food on consumer tables is energy-related, including fertilizer, diesel for tractors, and transportation from farm to destination and processing, making food price inflation highly sensitive to energy disruptions.

factualpending

Speaker

Daniel Yergin

Evidence Quote

about 70% of the food on your table is actually energy cost from fertilizer to diesel for your tractor...transporting it from farm to destination, processing

Source

Daniel Yergin on Why Energy Prices Didn’t Soar HigherForeign Policy
Created: 8/12/2026, 6:41:21 PM

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