Nuclear Power
The price of oil on the commodities market is going to stay at $100 and we’re stuck with it.
Ten years from now, we’ll be asking; “Remember when oil was only $100 a barrel?” The world is running out of oil and given the rate of growth of the world’s economy, cheap oil is not going to last much longer last.
According to Jim Cramer the host of “Mad Money” on CNBC, we could see $4 a gallon, within the next three months, because of the refineries are going to slow production down. Furthermore, we could be paying $10, $15 a gallon in the next five years. Oil will be taking more of our money, which presently is going for food, health care, college tuition or new shoes.
Solar stocks are up 50 points, because the voltaic cells that they’re producing is cheaper than oil. Wind power has become much cheaper than oil, but these are only small substitutes. If we could push nuclear energy in this country, we could begin to unhook ourselves from oil. Nuclear is coming and if people have to choose between the risk of nuclear power and the near-term reality of high gasoline prices that are killing the average family economically, they are going to go with the nuclear.
Presently, France is 80 percent nuclear for electricity generation, because they have no intention of being held hostage to the oil-producing countries that support terrorism. Our nuclear powered ships have steamed 90 million miles without a reactor accident or release of radioactivity.
Unfortunately, we haven’t switched to nuclear power and the earliest, we could have a new nuclear power plant on line in this country is 2014. Like it or not Democrats and Republicans politicians will eventually have to agree that nuclear power plants operate much cheaper than coal plants and can be our salvation.
Ten years from now, we’ll be asking; “Remember when oil was only $100 a barrel?” The world is running out of oil and given the rate of growth of the world’s economy, cheap oil is not going to last much longer last.
According to Jim Cramer the host of “Mad Money” on CNBC, we could see $4 a gallon, within the next three months, because of the refineries are going to slow production down. Furthermore, we could be paying $10, $15 a gallon in the next five years. Oil will be taking more of our money, which presently is going for food, health care, college tuition or new shoes.
Solar stocks are up 50 points, because the voltaic cells that they’re producing is cheaper than oil. Wind power has become much cheaper than oil, but these are only small substitutes. If we could push nuclear energy in this country, we could begin to unhook ourselves from oil. Nuclear is coming and if people have to choose between the risk of nuclear power and the near-term reality of high gasoline prices that are killing the average family economically, they are going to go with the nuclear.
Presently, France is 80 percent nuclear for electricity generation, because they have no intention of being held hostage to the oil-producing countries that support terrorism. Our nuclear powered ships have steamed 90 million miles without a reactor accident or release of radioactivity.
Unfortunately, we haven’t switched to nuclear power and the earliest, we could have a new nuclear power plant on line in this country is 2014. Like it or not Democrats and Republicans politicians will eventually have to agree that nuclear power plants operate much cheaper than coal plants and can be our salvation.
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