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If the terminal unit economics convincingly work, capital will happily fund someone ready to burn cash to establish market power.
by elefanten 5y ago
If the terminal unit economics convincingly work, capital will happily fund someone ready to burn cash to establish market power.
- bombcar 5y agoExactly. It'll be someone like Amazon just bypassing the shipping/trucking companies entirely. Or imagine robotic trucks full of sweet crude cruising down from Alberta.
- anamax 5y ago> Or imagine robotic trucks full of sweet crude cruising down from Alberta. It's unlikely that robotic trucks can compete with Buffet's railroads. (According to industry definitions, Albert's crude is not "sweet".) Then again, railroads can't compete with pipelines when it comes to transporting oil. Good thing we stopped that.