OTCPK:PILBF - Post by User
Comment by
aggmanon Dec 14, 2014 5:18pm
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Post# 23229323
RE:RE:RE:2014-2015 the eternal, relentless march forward
RE:RE:RE:2014-2015 the eternal, relentless march forwardThanks VC1. Marine oil prices will come down, and then should help the shipper - and possibly PLS. Herb did mention on the q3 call that the californian emissions regime will put upward pressure on shipping costs - it want change buyer behavior - but it will erode margin a bit. (It appears the Shipper will still contest it).
Lets hope softening marine oil prices are more than offset an emission charges.
Cheap gas - has to be good for the US. So far its the equivalent to an $800/yr pay increase for every American - thats good - it will make it into the coffers via consumption taxes. As the Gas tax is fixed - there is a democratic argument to increase the gas tax (at this moment) - to help fund more infrastructure projects. The Aggman, of no political persuasion, agrees.
US infrastructure is under funded. Texas has lead the way in creative funding mechanisms and Jerry Brown can and will follow suit.
SF and the peninsula market down to San Jose are arguably one of the strongest urban construction markets in the US. The pipeline looks very good.
I'm looking for pricing momentum in Polaris's sand and gravels.