Methods and Materials.
After the sharp drop in the oil prices, financial analysts predicted that the US economy would begin to improve in 2007. When the oil shock was over, oil and oil related industries would start to pick up and the world would be saved from the serious threat of a great depression. This was thought to be a difficult challenge to overcome, but the economy started to move forward and many people were optimistic that we had been saved from the worst. However, in the end we will find out how far this optimism will take us.
As it is now, the US oil industry is slowly recovering from the huge losses experienced since the oil crash of 4 years ago. It is possible that the economy might even pick up and growth might be maintained for a while. This is just what many people predicted and the expectations of most people started to climb upwards once again.
The stories about a new financial boom have started to surface, but there are still people who fear the future of the economy. They are always sure that something will happen that will cause a big economic downfall once again. The oil industry might not really start to grow for quite some time, but people still fear that the global oil crisis will come back one day. People still remember that it has happened before and they cannot really trust any prediction about a possible economic crash.
Many people hope that the oil industry is not going to crash in 2007 and that they will be able to find a way of keeping it stable. Many people still think that the long period of high oil prices of the last 4 years is behind us and that we can move on and start a new era. People believe that the oil crisis was just a temporary crisis that was caused by a particular situation that is no longer relevant.
There is a risk that the US oil industry might not be able to recover and the growth rate might remain low for quite a while. If that is the case, the economy will not be able to maintain itself, even if it does start to improve.
If the economic situation gets worse, the development of new technologies and new sources of energy will no longer be able to sustain the economy in a short period of time. This can be a scenario that is sure to come to pass because there is no new oil coming from new discoveries. There is no matter that can be seen at this point and that could be used to create more new industries.
The social, political and military future of the United States are in doubt. Many scientists say
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