Everybody’s Fault But Mine

clarioncall

In passing glances the occasional journalist points in the direction of us all, suggesting that it is not just rogue oil companies, in-bed government agencies, or an administration on auto-pilot who are responsible for the catastrophe in the Gulf of Mexico. They suggest, perhaps a bit sheepishly, that two other culprits may be to blame here. Those two being you, and me. But they don't push it. … [Read more...]

Dirty Deeds Done Dirt Cheap

Filthy, Dirty, Oil

Looking at pictures of the Gulf spill, the dirtiness of oil becomes abundantly clear. Its not like we don't know that already. Oil and gas reek, and a splash of it on skin, stings. No one would debate its toxicity in raw form. After all, billions are being spent to clean up the Gulf. You don't "clean up" clean things. But start talking about how equally filthy fossil fuels are when burned, what … [Read more...]

Let’s Hop On Board

News that China leads the world in high speed train production and railway deployment inspires envy. While the U.S. has dedicated some funds to reinvigorating rail, the amount remains paltry in comparison to China's huge layout, and small in relation to our continued investment in roadway infrastructure. Whatever situation we may find ourselves in now relative to current rail beds and railway … [Read more...]

Warren Buffett: Bullish on Trains

Warren Buffett and trains

The financial world is abuzz with the Sage of Omaha's latest investment strategy: buy railroads. "From long-term passion for model trains to stake-building of several years," OilPrice.net reports, "Warren Buffett, the billionaire investor, has decided to acquire one of United States' largest freight railway firms, Burlington Northern Santa Fe (BNSF), for $34 bn." As the article puts it, … [Read more...]