Banana Shock: America's Fruit No Longer Cheap

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banana.jpgAmericans eat as many bananas as apples and oranges combined. Given that bananas are grown far away and have a shelf life of just two weeks, it's astonishing that they've become a cheap staple. But that's a thing—both good and bad--that may be coming to an end. Gasoline is more than $4 a gallon. Bananas may soon rise to $1 a pound, according to an op-ed piece in this week's New York Times by Dan Koeppel, author of Banana: The Fate of the Fruit that Change the World.

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Warren Olney