NO it is NOT! BEWARE! BE SMART!
Sea food, oil, transportation, trading
The ocean provides food, oil and transportation.
The symbol for Pacific Coast Oil Trust in the NYSE is: ROYT.
California and Alaska are the two oil states that border the pacific ocean
Pacific Coast Oil Trust (ROYT)had its IPO in 2012.
Transportation
no
As the oil industry has grown the fuel options for transportation has also grown so the two are interconnected.
Veggie Oil
As of July 2014, the market cap for Pacific Coast Oil Trust (ROYT) is $397,020,695.82.
lots
As of recent data, approximately 70% of U.S. oil consumption is used for transportation. This includes fuel for cars, trucks, airplanes, and ships. The transportation sector's reliance on oil highlights its significant role in overall energy consumption in the country.