A Rational Look at Nuclear Energy

I am afraid World War II was the beginning of the fear of nuclear energy. The following cold war also did no favor for the image of nuclear power. This is an energy source that is looking for a favorable image but cannot seem to get a break. In the US getting a permit to build anything nuclear is an exercise in futility at best.

Dorothy Davis on the website www.pennenergy.com wrote a story looking at the record of nuclear energy and what the future might be. An excerpt:

“…When looking at the future of nuclear power it is important to avoid doing so only through the lens of past accidents. While there are important lessons to be learned from such events these do not come close to representing the nuclear industry as a whole.

While most energy industry professionals already know this, the next critical step is to effectively share the full story of nuclear power with consumers and government officials. Failing to do so could mean the loss of one of the most innovative, clean and abundant energy resource available to the world. …”

 

CME Thinks NatGas Could Go Lower Before Winter

This is an excerpt from the CME website. Note the bold word (I added these) about the supply side of the market. This was evident in the EIA storage report on the same day. Their use of the bearish term is for sellers not buyers.

Natural Gas Market Report
By Dominick Chirihella – Thu 27 Oct 2011 10:23:29 CT
NG inventory report bearish

…The fact that all around Nat Gas is bearish and the market has been able to hold up pretty well has been a clear signal that at least for the time being the risk/reward of going short this market is biased to the risk side. There seems to be enough market players that are more inclined to buy any dips as the winter heating season slowly approaches. That said I still think the market could have one more thrust to the downside when all realize that this market is still oversupplied and will likely remain oversupplied for the foreseeable future. …