Rant - Why I Think Uranium Is Better Than Oil
My thinking is that sustained high uranium prices are more likely than sustained high oil prices.
How do I figure? Well, if oil prices stay high....uranium plants construction is sure to get even more hotter. If oil prices subside, well, uranium is still likely to stay high just due to the number of new plants that are already scheduled to come online. Also, think environment....greenhouse gas emissions...etc....only going to be talked about more and more as our planet melts.
So, how is the supply? As it turns out, the world doesn't have a lot of spare uranium supply floating around because so few companies produce it. There might be a lot of it in the ground....but it's hard to find and not enough people are looking now.
How do I figure? Well, if oil prices stay high....uranium plants construction is sure to get even more hotter. If oil prices subside, well, uranium is still likely to stay high just due to the number of new plants that are already scheduled to come online. Also, think environment....greenhouse gas emissions...etc....only going to be talked about more and more as our planet melts.
So, how is the supply? As it turns out, the world doesn't have a lot of spare uranium supply floating around because so few companies produce it. There might be a lot of it in the ground....but it's hard to find and not enough people are looking now.


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