There is something different lately about the olive oil Michelle Spangler buys, bottles and infuses with flavors such as basil and blood orange for her store in Dallas. It’s not
Why olive oil is so expensive right now omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.
Recent times have seen a noticeable change in the olive oil that Michelle Spangler purchases, blends, and infuses with flavors for her Dallas store. It's not the quality of the product that has changed but its price. Global olive oil prices have surged to record levels, more than doubling over the past year.While Ms. Spangler has a pricing agreement with her supplier to mitigate rapid cost increases, she still anticipates a 20% rise in expenses. As a result, she is planning to increase prices by 10 to 15% at her store, Infused Oils & Vinegars, early next year.