So, we should be buying transportation stocks.
Airlines have already gone up. I would guess the UP, CSXT, NS, and other railroad stocks are up. However, I would think trucking companies may have been overlooked. Companies like Swift Transportation and other regional carriers should have huge increases in margin because demand is increasing for their service while their largest fixed cost(diesel) is decreasing. The only issue I continue to hear from the trucking companies I deal with is the difficulty in hiring drivers. Most can not pass a drug test.
Transportation, Utilities, Agriculture.
Makes sense to me!
Sorry for energy/oil field workers. But lets keep it down around $50-60. We will all adjust, and NO NEW TAXES!