Mainly big business profits from changes in the price of oil. governments benefit because oil/energy is taxed so heavily. Owners of gas stations don't make a lot of money from the sales.Who will indirectly/directly profit from an increase or decrease in oil/energy prices?
Me!!! or anyone else with oil investments.
Increase:
Oil companies
Oil company suppliers, drillers, equipment manufacturers
Alternative energy companies
Coal and Natural gas companies
etc.
Decrease:
Chemical/Plastic or other companies that use petroleum as a raw material
Transportation companies (except for rail and ships)
If prices are high enough it will hit consumer good companies at the low end
etc.Who will indirectly/directly profit from an increase or decrease in oil/energy prices?
Beside the oil companies, those commodity traders, futures and options traders, oil traders AND THE GOVERNMENT of the country.
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