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The Effects of Light Crude Oil Costs and Stock Prices on Five Class I Railroads
I chose this study to determine if there was any significant effect on the relationship between the cost of (Brent) light, sweet crude oil, the largest type of oil in volume traded, and the stock prices of five Class I Railroad stocks operating in the United States. I am currently employed with the Brotherhood of Locomotive Engineers & Trainmen, the bargaining agent for the majority of engineers on the major Class I Railroads in the U. S. During the recent contract negotiations one of the important issues for labor's position in bargaining for wage increases, along with keeping the health & welfare contributions to a minimum, was the argument that the Class I Railroads have been making record profits and it would be fair and equitable to share some of that wealth with the men and women who actually do the work. I wanted to see if the numbers supported that conclusion.
In 1981, when the Staggers......
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Title: The Effects Of Light Crude Oil Costs And Stock Prices On Five Class I Railroads
Approximate Word Count: 1786
Approximate Pages: 8 (250 words per double-spaced page)
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