User 219693

Rising Oil and the Future of Globalization: Implications for Transport Stocks

didn't mean to send that twice, sorry.

Rising Oil and the Future of Globalization: Implications for Transport Stocks

Just because OIL prices go up another 40 some percent, does NOT mean that their costs go up 40 some percent. There are other things involved in their cost and its not a direct correlation at all. If you haven't noticed, the BDI has skyrocketed in the past year. If costs go up, so will the index. Plus there is always the chance they the price of OIL will drop, especially if the dollar rebounds. I completely disagree with your idea that High Oil Prices will negatively affect Dry Bulk Shippers. Have you not watched the BDI and shippers appreciate as OIL shoots up? Shippers trade with the BDI and on momentum, not oil prices.

Rising Oil and the Future of Globalization: Implications for Transport Stocks

Just because OIL prices go up another 40 some percent, does NOT mean that their costs go up 40 some percent. There are other things involved in their cost and its not a direct correlation at all. If you haven't noticed, the BDI has skyrocketed in the past year. If costs go up, so will the index. Plus there is always the chance they the price of OIL will drop, especially if the dollar rebounds. I completely disagree with your idea that High Oil Prices will negatively affect Dry Bulk Shippers. Have you not watched the BDI and shippers appreciate as OIL shoots up?