Sunday, October 14, 2012

U.S. Economy "Below Potential," says OPEC

U.S. Economy "Below Potential," says OPEC

Oil supply growth in the United States is expected to be the highest for non-OPEC countries this year, the Vienna-based cartel said. With less than a month before U.S. voters head to the polls in what's expected to be a close race, both sides of the political debate are making aggressive claims on energy, a contributing factor to the national economy. OPEC said it anticipated "robust" growth in the U.S. economy when compared to other developed countries, though "U.S. expansion remains below potential." The economic climate in the United States,…Read more...http://oilprice.com/Finance/the-Economy/U.S.-Economy-Below-Potential-says-OPEC.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+oilpricecom+%28Oil+Price.com+Daily+News+Update%29&utm_content=Google+Reader

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