Current Crude Oil Prices Not Seen Derailing Recovery

Higher oil prices caused by unrest in the Middle East and North Africa are not at a level where they would derail the U.S. economic recovery, White House economist Austan Goolsbee said on Wednesday.

Thus far they're up, but we're not forecasting and you haven't seen the private forecasters forecasting - that at these levels they would derail the recovery," Goolsbee said in a conference call discussing the president's annual economic report, which was released on Wednesday.

Lifeline of Mumbaities is Local Railway. Lifeline for the world is - Aluminium, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, Zinc.

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