jhe1984
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It's really frustrating how candidates who run on a pro-environment platform (at least comparatively) at the same time bash nuclear energy and, whether they want to or not, only increase the fossil fuel-based market share - which they also rant against constantly.
My family is in the oil business and has been for some time (so financially it's no particular sweat to us if the nuke industry tanks) but each one of us sympathizes with the nuclear industry for two reasons. First, every sane person - especially in the exploration business - knows that it's getting harder to find new reserves. In fact, iirc, the ratio of new reserve discoveries-to-oil and gas consumption has been negative (more new demand, less new oil) since something like 1975. The ones we have found are harder to get to -deep sea/artic reserves - and less profitable, making the whole thing enormously more speculative (a risk which gets passed on to the consumer). The market economics of the oil and gas industry are extremely complex and very interesting, but would require an entire thread to fully introduce.
But the second reason the oil and gas exploration industry is sympathetic to the plight of the nuclear energy industry is that they are having to face, in a less vicious but more pervasive way, the attacks from folks who seem to always be critical and never constructive (generally, under the 'environmentalist' nom-de-guerre) when it comes to energy supply and demand. For example, there is simply no logic (rooted in understanding of economics or conservation for that matter) in opposing - across the board - drilling in ANWR, middle east oil dependence, AND, at the same time, nuclear energy generation. For whatever reason, there is little compromising on their side, except semantically, with unsubstianted or unreasonable pleas toward things like solar energy, which, right now, simply can't supply (in an economically reasonable manner) the massive mW that nations demand.
(And also because the attacks can get pretty personal and vicious. When I tell people my family's in the oil industry, they immediately think and sometimes accuse crazy things like being imperialist propogaters of war in the middle east, drilling in ANWR, destroyer-of-rare algae (yes, that ones real) etc. all the while overlooking the simple fact that, the more the US actually gets cheap oil, the less profitable our industry becomes. Crazy, I tell ya..)
I've got shares - which have been tanking, btw - in some nuke energy businesses, simply cause I think they're the real future in energy production.
My family is in the oil business and has been for some time (so financially it's no particular sweat to us if the nuke industry tanks) but each one of us sympathizes with the nuclear industry for two reasons. First, every sane person - especially in the exploration business - knows that it's getting harder to find new reserves. In fact, iirc, the ratio of new reserve discoveries-to-oil and gas consumption has been negative (more new demand, less new oil) since something like 1975. The ones we have found are harder to get to -deep sea/artic reserves - and less profitable, making the whole thing enormously more speculative (a risk which gets passed on to the consumer). The market economics of the oil and gas industry are extremely complex and very interesting, but would require an entire thread to fully introduce.
But the second reason the oil and gas exploration industry is sympathetic to the plight of the nuclear energy industry is that they are having to face, in a less vicious but more pervasive way, the attacks from folks who seem to always be critical and never constructive (generally, under the 'environmentalist' nom-de-guerre) when it comes to energy supply and demand. For example, there is simply no logic (rooted in understanding of economics or conservation for that matter) in opposing - across the board - drilling in ANWR, middle east oil dependence, AND, at the same time, nuclear energy generation. For whatever reason, there is little compromising on their side, except semantically, with unsubstianted or unreasonable pleas toward things like solar energy, which, right now, simply can't supply (in an economically reasonable manner) the massive mW that nations demand.
(And also because the attacks can get pretty personal and vicious. When I tell people my family's in the oil industry, they immediately think and sometimes accuse crazy things like being imperialist propogaters of war in the middle east, drilling in ANWR, destroyer-of-rare algae (yes, that ones real) etc. all the while overlooking the simple fact that, the more the US actually gets cheap oil, the less profitable our industry becomes. Crazy, I tell ya..)
I've got shares - which have been tanking, btw - in some nuke energy businesses, simply cause I think they're the real future in energy production.
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