Thursday, December 2, 2010

ECONOMIC GROWTH HAS BEGUN TO PICK-UP IN BOTH THE USA AND IN EUROPE.

The high demand on petroleum believed to have raised the price per barel of crude oil in the world markets from $82 us dollars to $86.75 has not been attributed to the approaching winter season freezing temperatures and energy high consumption, but rather the economic recovery in both the USA and in Europe. Growth has begun to pick-up in the Industrial sectors of manufacturing, particularly the automotive manufacturing Plants. Automotive vehicles manufacturing Plants that had closed their branches have reopened them to meet the high demand on certain vehicles on a global scale and some car companies have reported many sales of vehicles for the year's end.

Written by Godfrey Ohia.

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