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9/10/2013· Oil & Gas

Creating World Certainty Via Petroleum Price Stability

By: Dr. Kenneth E. Lehrer

The certainty created by a set price for petroleum should tend to create stability in many other sectors of the economy. Certainty in petroleum pricing should lead to certainty in the industrial sector and to a degree of certainty in the world’s financial sectors, namely less volatility for interest rates and other debt instruments. A higher level of certainty in the financial markets and the petrochemical markets should foster an arena for world growth and stability.

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