Date updated:05-29-2008
As oil surpasses $135 for the first time you know who benefits – but who's the biggest loser?

-
PTR
Petrochina Co Ads - $127.70
- -0.17%
- $126.68
It’s ironic in a way, but according to Tim Seymour, certain oil companies are going to have the hardest time coping with $135 crude. A company like PetroChina (PTR), that produces a refined product which it then has to subsidize to a local market, is going to suffer, he said.

-
MRT
Morton's Rest Grp - $3.02
- -5.92%
- $3.20
How about the high-end steakhouses? Guy Adami offered. Who is driving to Morton's (MRT) or Ruth's Chris (RUTH) for an expensive meal when the gas it takes them to get there could be more expensive? These stocks have already been crushed, but he expects the pain to intensify.

-
RUTH
Ruth's Hospitalit - $2.41
- -12.04%
- $2.78
How about the high-end steakhouses? Guy Adami offered. Who is driving to Morton's (MRT) or Ruth's Chris (RUTH) for an expensive meal when the gas it takes them to get there could be more expensive? These stocks have already been crushed, but he expects the pain to intensify.

-
HTZ
Hertz Global Hold - $9.78
- -1.11%
- $9.75
Jeff Macke offered rental car giant Hertz (HTZ) as one of the biggest losers of $135 oil. The summer travel season is going to be worse than people think, he said. It will be “abysmal.” If no one is flying, certainly no one is renting cars, he said.
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12/07/2008 21:27 PM CST Asked by paintcode
not sure about HTZ. oil prices will go back up and as a car rental company, it will get hit pretty bad