Jigar Shah
👤 SpeakerAppearances Over Time
Podcast Appearances
Right.
And you already see that.
Diesel is up to like $6, $7 a gallon.
Gasoline is above $4 a gallon.
That means that for a minivan, it's $85 to fill up that minivan.
That's a lot.
And so when you think about 4.5 million households in the Northeast are still using fuel oil.
to heat their homes.
That fuel oil comes from the Straits of Hormuz.
And so now they don't have fuel oil, right?
And so there's going to be a disruption around the world.
We're going to have a humanitarian crisis around the world.
The U.S.
is better situated than almost everybody else is.
But make no mistake, right?
We're not putting fertilizer down for a lot of our land, right?
Or we're going to put only half as much down.
That means yields will go down.
That means food prices are going up, right?
And so part of the challenge I see right now is there's a way to use the best technology in the world, invented here in the United States, deploy it at scale to give people relief.