{"id":37525,"date":"2014-12-12T09:12:41","date_gmt":"2014-12-12T14:12:41","guid":{"rendered":"http:\/\/smart-union.dev\/news\/can-oil-price-declines-end-railroads-bull-run\/"},"modified":"2014-12-12T09:12:41","modified_gmt":"2014-12-12T14:12:41","slug":"can-oil-price-declines-end-railroads-bull-run","status":"publish","type":"post","link":"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/","title":{"rendered":"Can oil price declines end railroads&#039; bull run?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignleft size-full wp-image-20786\" style=\"margin-top: 4px;margin-bottom: 4px;margin-left: 12px;margin-right: 12px;border-width: 1px;border-color: black;border-style: solid\" alt=\"oil-train-rail\" src=\"https:\/\/www.smart-union.org\/wp-content\/uploads\/2013\/06\/oil-train-rail.jpg\" width=\"150\" height=\"136\" \/>Crude oil hit its five year low price on Monday, Dec. 8, under pressure from growing production in the U.S. and the unwillingness of the Organization of Petroleum Exporting Countries to cut production. West Texas Intermediate, the U.S. crude benchmark, declined 4.3 percent to $63.05 per barrel and Brent crude, which reflects the global market, fell 4.2 percent to $66.10 per barrel.<\/p>\n<p>Amid fears of a continuing decline in crude prices, railroad stock prices have also sunk. The Dow Jones U.S. Railroad Index, which is based on eight U.S. railroads, had gained 34.7 percent during the year through Nov. 26. However, following the news of the OPEC disagreeing on production cuts, the DJUSRR declined 7.4 percent through Dec. 8. Investors are clearly worried about the impact of the crude oil price decline on railroads. In this article we take a look at railroads\u2019 crude oil shipments and assess whether crude prices may have an adverse impact on railroads\u2019 volumes and revenue.<\/p>\n<p>Read the complete story at <a href=\"http:\/\/www.forbes.com\/sites\/greatspeculations\/2014\/12\/12\/can-crude-oil-price-declines-end-railroads-bull-run\/\" target=\"_blank\" rel=\"noopener\">Forbes<\/a>.<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Crude oil hit its five year low price on Monday, Dec. 8, under pressure from growing production in the U.S. and the unwillingness of the Organization of Petroleum Exporting Countries to cut production. West Texas Intermediate, the U.S. crude benchmark, declined 4.3 percent to $63.05 per barrel and Brent crude, which reflects the global market, [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[9],"tags":[1945],"member_types":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Can oil price declines end railroads&#039; bull run? - SMART Union<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can oil price declines end railroads&#039; bull run? - SMART Union\" \/>\n<meta property=\"og:description\" content=\"Crude oil hit its five year low price on Monday, Dec. 8, under pressure from growing production in the U.S. and the unwillingness of the Organization of Petroleum Exporting Countries to cut production. West Texas Intermediate, the U.S. crude benchmark, declined 4.3 percent to $63.05 per barrel and Brent crude, which reflects the global market, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/\" \/>\n<meta property=\"og:site_name\" content=\"SMART Union\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-12T14:12:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smart-union.org\/wp-content\/uploads\/2013\/06\/oil-train-rail.jpg\" \/>\n<meta name=\"author\" content=\"amyr\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"amyr\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/\"},\"author\":{\"name\":\"amyr\",\"@id\":\"https:\/\/www.smart-union.org\/#\/schema\/person\/32d7996d81f2ddbf2099238b9315f71d\"},\"headline\":\"Can oil price declines end railroads&#039; bull run?\",\"datePublished\":\"2014-12-12T14:12:41+00:00\",\"dateModified\":\"2014-12-12T14:12:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/\"},\"wordCount\":170,\"publisher\":{\"@id\":\"https:\/\/www.smart-union.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smart-union.org\/wp-content\/uploads\/2013\/06\/oil-train-rail.jpg\",\"keywords\":[\"crude oil\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/\",\"url\":\"https:\/\/www.smart-union.org\/can-oil-price-declines-end-railroads-bull-run\/\",\"name\":\"Can oil price declines end railroads&#039; bull run? 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