Coal gets no respect. It’s is dirty, lumpy and unremarkable. It is a game show loser prize, a punishment for bad children at Christmas. In terms of our daily lives, coal is almost wholly out of sight and out of mind. Yet the entire Industrial Revolution was founded on coal. Oil may hog the limelight [...]
January 24th, 2007 | Justice Litle | 2 comments | ContinuedArchive for Justice Litle
Justice Litle is editorial director for Taipan Publishing Group. He is also a regular contributor to Taipan Daily, a free investing and trading e-letter, and editor of Taipan's Safe Haven Investor, which helps guide readers to new global investment frontiers and safe harbors.
Crude Oil: A Long Term Forecast
After holding in the $60s for many months, crude oil has dropped precipitously in the past few weeks, and is now in the vicinity of $50 a barrel. A number of reasons have been given for the sharp fall in price, all of them more or less linked. To begin with, warm winter weather in the northern hemisphere has [...]
January 18th, 2007 | Justice Litle | 1 comment | Continued
Atomic Resurgence
The Daily Reckoning PRESENTS: Three large-scale factors have turned the tide in favor of nuclear energy: geopolitics, global warming and developing world growth. In the below essay, Justice Litle explores all of these factors – and more… A HEALTHY GLOW by Justice Litle “The proposed reactors will be of an improved and simplified design, pre-approved, [...]
January 4th, 2007 | Justice Litle | 0 comments | Continued
The U.S. Dollar: Cash Turning into Trash
Hard to believe it’s already December. What a year it has been… and 2007 will have even more in store. The broad market appears to be firing on all cylinders. About the only thing getting sent to the wood shed is the U.S. dollar. The action in the greenback looks exceptionally ugly. Yet if you [...]
December 8th, 2006 | Justice Litle | 0 comments | Continued
ExxonMobil Corp. Flat Broke?
“In 1930, we found 10 billion new barrels of oil in the world, and we used 1.5 billion. We reached a peak in 1964, when we found 48 billion barrels and used approximately 12 billion. In 1988, we found 23 billion barrels and used 23 billion barrels. That was the crossover when we started finding [...]
November 2nd, 2006 | Justice Litle | 2 comments | Continued
