Rising oil prices may have a negative side as well, says Fred Dickson, chief investment strategist at D.A. Davidson & Co. in Lake Oswego, Ore. Airlines, ground-transportation companies, and some big-box retailers that have major transportation networks may feel pressure on their earnings. In addition, higher oil prices means higher gasoline prices, which act like a tax on consumers. In 2010, consumers did not let the higher pump prices slow them down. But what will they do when the price of gasoline starts to head to $4 a gallon, up from $3 a gallon in 2010?
Wilfredo Lee/AP/File
