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The world is experience its first ever triple digit oil price. This highlights in dramatic fashion how different the oil market environment, and the world economy, is today compared to that of a few decades ago. Today, as U.S. electric power demand grows and environmental and energy security issues become more urgent, there is a growing concern that the current balance encourages the construction of new power plants rather than investment in the conservation of electric power. The disclosure of "proved reserves" has been one of the great rituals of the reporting season for oil and gas companies, and one carefully monitored by investors. It's recently taken on even more significance with high and jittery prices, concerns about energy security, and plain fear of running out. Investing in uranium is looking toward the future. With fossil fuels fizzling out, the world needs reliable sources of energy. The price of uranium has moved surpisingly fast over the last year with the scare of oil and natural gas shortages. Also, analysts report a severe uranium shortage over the next ten years. Lets take a look at what uranium is and how it is/will be used. I have always heard "buy what you know", so hopefully you will know a little more about uranium afte... 1 | ||
