Source: Texas A&M University

Fallout from the crisis in Libya and the Middle East could put pressure on U.S. agricultural production due to escalating fuel costs, according to a Texas AgriLife Extension Service economist.

"Libya has the largest crude oil reserves in Africa, and it's a flash point," said Parr Rosson, Ph.D., AgriLife Extension economist and director of the Center for North American Studies at Texas A&M University. "The concerning thing is what it's going to do at a time when we'sve gone through a couple of years where (crude) prices have been relatively stable. This could put some real economic pressure on costs in agriculture."

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