The global oil, gas and consumable fuels industry had shown strong growth recently until it fell into a steep decline in '09 2009. Recovery is expected in 2010 2010, with strong growth on the forecast period. The global market generated total revenues of $5,797.6 billion in 2009 2009, representing a compound annual rate of change (CARC) of -0.4% for the period spanning 2005-2009. Compared, the Eu