XOM - Can the world stop a runaway commodities train?

The things consumers purchase are rising in price. The "all items" consumer price index rose 7.5% in January, when compared to year ago levels. The things companies purchase to produce consumer goods are rising faster. In January the producer price index rose by 9.7% when compared to the year ago period. But those are results from January, and prices are moving quickly, below is a snapshot of year-to-date commodity price performance:  Oil: +50% ytd, 12yr high (NYSE:XOM) Thermal coal: +144% ytd, all time high (NYSE:BTU) US gas: +34% ytd (NYSE:EQT) Euro gas: +240% ytd, all time high (NYSE:SHEL) Aluminum: +40% ytd, all time high (NYSE:AA) Copper: +12% ytd, all time high (NYSE:FCX) Nickel: +45% ytd, 14yr high (NYSE:VALE) Zinc: +16% ytd, 15yr high (NYSE:TECK) Wheat: +57% ytd, all time high (NYSE:MOS) Soybeans: +25% ytd, 10yr high (NYSE:CF) Hogs: +25% ytd, 8yr high (JBS) For much of the past year, central bankers

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Can the world stop a runaway commodities train?