When oil prices rise, it is positive or negative for railroad stocks?
I think it is cheaper to transport goods by rail than by road. Maybe the trains run on oil, if fuel costs rise, but the railroads become more competitive because it is expensive to operate trucks too. So what's the answer? The increase in oil prices good or bad for the stock rail.
Only railway correlation and trucks tables with oil prices.
Line Of Equipment At Franklin Park Railroad Daze 2009, 5/16/09.
