I’m looking at infrastructure right now as the next thing will be rebuilding it. Companies like Babcock Brown, URS etc.
All things come round again. Oy. Talk about age.
Kellynla, I believe the high gas prices will turn out to be the blessing our America has been waiting for. High oil prices will make shipping in good from other countries prohibitive, so it will be necessary to crank up all the textile mills in rural America. The steel mills will need to be productive again, as will the furniture makers in the Carolinas. We need the good we consume to be produced here in America because of shipping costs. Think about it... I bet we will see the laws of unintended consequences at work very soon — and too our benefit.
{ {{ DUH ! ! ! }} } , .. and a FR bookmark
from an old Connecticut/New Englander
The high price of diesel fuel is having a devastating affect on the trucking industry.
But the goods still need to get from there to here.
Railroads, even though they use diesel fuel, are more efficient, per freight mile, than 18 wheelers.
Thus, strictly on speculation, I have taken small positions in some rail companies. I figure to give them a year and see what happens.
Trucks will still be needed to move goods from the rail terminal to the customer. But I doubt that run would exceed 100-200 miles at most.
it makes sense that a cheaper dollar makes it less expensive to buy everything here, including labor. isn’t that why everyone complains about China holding the value of their currency down?