A news article posted on 5 November 2005 on the website of KTVO TV3 out of Kirksville Missouri reported that the retail price of natural gas in the area had increased from $0.72 to $1.29 per 100 cubic feet between the winter of 2004-05 and now. That is an increase of 85%.
Customers have expressed a certain amount of shock, but the increase is actually a bit less than the increase in the commodity trading price of natural gas.
Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.
Several months ago, I attended a talk by a representative of the Natural Resources Defense Council who demonstrated one of the debating techniques that has always frustrated me – he categorically stated that “no one” wants a carbon tax but that it was “politically possible” to pass a cap and trade bill. The reason such…
Dan Rather interviewed Dr. Ernest Moniz as part of an in-depth look at nuclear energy, its future prospects in the United States and its current technological position. Dr. Moniz is a professor at MIT, was one of the co-chairs of the study group that produced MIT’s recent report titled The Future of Natural Gas and…
Yesterday, I shared by introduction to Dr. Bruce Yandle’s “Bootleggers and Baptists” theory, which is aimed at trying to explain the often strange alignments of groups that support the imposition of prescriptive regulations. Here is the essence of the theory: Durable social regulation evolves when it is demanded by both of two distinctly different groups….
Lisa Hymas at Grist.org has provided an important first step in understanding some of the heat associated with efforts to craft a climate change mitigation bill with her post titled Gore vs. Hansen: Enviros take sides in debate over House climate bill. She lists a number of organizations that have long standing membership in the…
In a comment related to my previous post titled Why is “waste” such a large topic WRT nuclear energy a reader mentioned that there are some clean up issues related to uranium mining. I will post some information about that particular topic sometime in the future, but I just happened to be browsing over on…
Exxon-Mobil executives and stock holders will not be hurting this winter. On October 27, 2005 the company released its 3rd Quarter 2005 earnings report. For the first time ever, a publicly traded corporation reported top line revenue exceeding $100 BILLION dollars. A good portion of that top line fell to the bottom line – earnings…
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