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.
You can all rest easy now the world has an “endless” supply of oil. I know that resource exists because I read it in this week’s issue of BusinessWeek, which is written for hard-working, Type A people who believe that markets can solve anything. I have been working around that kind of person for much…
My reading list is getting longer by the day. I was just pointed to Rad Decision a novel in the format of a blog. I have not yet begun to read, but it sure looks interesting. The about the book page is certainly entertaining enough that it would catch my attention as a hardcover “flap”…
My Google Alert on new nuclear power plants pointed me to a very useful article by Jack Spencer titled What Finland Can Teach US About Power. It is worth a close read. Unfortunately, I have run out of time this morning – instead of blogging I spent the time processing another episode of The Atomic…
Many observers, perhaps even most observers, claim that the growth of nuclear power has nothing to do with oil consumption. They claim that nuclear power is limited to electrical power and that there is very little oil used to generate electricity. I want to dispel that rumor right now. Since I do not have a…
Ruth Sponsler produces the excellent blog We Support Lee. (William States Lee III is the name for a proposed new nuclear plant in South Carolina near the border of Ruth’s home state of North Carolina.) She has been finding some interesting information about the political and economic ties between virulent anti-nuclear activists and fossil fuel…
Apparently my meeting radar was off recently and I missed learning about the Global Nuclear Renaissance Summit in Alexandria, Virginia on 24 July until it was too late. I would have taken time from my day job, especially if I would have known that Dale Klein was going to spend some time talking about the…
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