- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Uranium
Posted on 2/17/14 at 7:35 pm to Iowa Golfer
Posted on 2/17/14 at 7:35 pm to Iowa Golfer
Overall I can't be too bullish. While China's demand might go up European and North American demand won't be going up after Fukishima.
2
Posted on 2/17/14 at 10:30 pm to LSU0358
quote:
Overall I can't be too bullish. While China's demand might go up European and North American demand won't be going up after Fukishima.
The way I look at it, just the U.S. consumption of uranium is enough to be bullish considering that 20% of electricity in the U.S. is generated from nuclear power plants. The U.S. uses 50 million pounds of uranium annually AND 50% (24+ million pounds) of the uranium was coming from Russia in the Megatons to Megawatts program that ended in Dec. 2013. The U.S. only produces 4.3 million pounds of uranium per year. Talk about a shitty supply and demand imbalance!
Here are some other facts that make the case for uranium bullish:
Demand by the Numbers
•432 Reactors operable in 31 countries
•68 New reactors under construction
•162 Reactors planned
•316 Reactors proposed
•13.5% of global electricity comes from nuclear power
•75% of France is powered by nuclear energy
But, you're right. With these numbers, it's hard to be bullish on uranium.
Posted on 2/18/14 at 7:53 am to LSU0358
Japan will be back eventually. It's the only energy source that makes sense for them. And shutting that down because of an old plant that got hit with a record tsunami is not a reason to suffer high energy costs. Learn your lessons, fix your regulatory body and invest in newer, safer designs, and move on.
The US is dwindling slowly though because of costs and lack of movement on the spent fuel front from Washington. Maybe SMRs changes the cost factor, but you still have a federal government that has been tasked (and paid $25B) to take the used fuel.
China could make up for that loss though. I'd probably rather invest in something else.
The US is dwindling slowly though because of costs and lack of movement on the spent fuel front from Washington. Maybe SMRs changes the cost factor, but you still have a federal government that has been tasked (and paid $25B) to take the used fuel.
China could make up for that loss though. I'd probably rather invest in something else.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News