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Oil prices rise, U.S. economy Start Shaken

Washington DC: World oil prices which continue to soar beginning to feel the impact on the world economy. United States also participated felt the impact. The increase in oil prices is starting to shake the U.S. economy.

Some economists even reconsider their estimates for U.S. economic growth this year, partly because the standard salary which does not change makes households more difficult to cope with high gasoline prices.

"Jump in oil prices since late last year has caused significant damage to the economy," said Mark Zandi, chief economist at Moody's Analytics, as reported by the Associated Press, 4 April 2011

In the near future, the effect of oil price increase also will help the public perceived the world. Not only will terjegal by the high prices of gasoline, residents will also be faced with the possibility of losing their jobs. This followed a number of companies that complain about high prices of oil which became one of supporting their operations.

Crude oil at the close of trading on the New York Mercantile Exchange on Thursday (7 / 4) early days, was increased significantly. Crude oil prices rose to their highest position within 30 months after the NATO campaign to encourage attacking Libya. Brent crude oil prices seem to increase 8 cents and closed at 122.30 dollars per barrel. This closure was the highest since August 1, 2008.

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