No. But at least some businesses are hurt less than others.
High oil prices tend to trigger a so-called “neighborhood effect” where selected manufacturing businesses that are located closer to their customers get a price advantage over competitors that are located far away. That is because local businesses have lower transportation costs than their out of town, or out of country, competitors.
It’s location, location, location that drives the relative cost of shipping certain types of goods. A supplier’s close location to his customers will result in low transportation costs.
The rest of this article can be found at the Huffington Post at The Small Silver Lining Of $100 Oil.