Don’t everybody bum-rush the nearest state store at once, please, but a terrifying new report is predicting an impending international wine shortage if current supply-and-demand levels hold. The study from Morgan Stanley found that our demand for wine outpaced the supply by 2.7 billion bottles last year.
“While the exact reason for the shortage is hard to pinpoint, it’s partly because of the increasing appetite for wine in the US, where people are guzzling twice as much wine as they were in 2000. …Some bad weather last year is also to blame, but the good news is that 2013’s harvest has produced a lot more grapes than last year’s.”
On second thought, let’s clean out the Wine & Spirits stores just to be safe.