THIS HOUSE WOULD SUPPORT THE RISE OF THE FUEL
PRICE
MEANING
ü
Support is give approval, comfort, or encouragement
.
ü
Rise is increase in number, size, amount,
or degree .
ü
Fuel is material such as coal, gas, or oil
that is burned to produce heat or power .
ü
Price is the amount of money expected,
required, or given in payment for something
There are a few reasons fuel have raised:
•The world
economic outlook. "Economic growth in the U.S. is better than expected — not
great growth, but taking small steps forward," says David Ginther, manager
of the Ivy Energy fund. A resolution to the Greek debt problem could mean a
shallower recession in Europe than was
expected at the start of 2012.
•Emerging markets.
Most people who have traded in a horse or a bike for a car have been glad they
did. In emerging markets, such as China
and India,
car sales are booming — as is petroleum consumption.
•World unrest.
Troubles in Syria, Libya and Iran
have raised the fear of war in the Middle East. Others worry about
an Arab Spring uprising in Nigeria,
where about half the people are Muslim.