The Energy Report: Jeb, natural gas prices have become soft again after reaching $4.25 per million Btu ($4.25/MMBtu) last spring. They’re now back at $3.70/MMBtu. What gives you confidence that nuclear power will continue to have a competitive edge over gas for power generation?
Jeb Handwerger: Natural gas has backed off its highs a bit, but it’s still much higher than its low of $2/MMBtu. Oil and natural gas have made strong upward moves since 2012. Oil is above $107 per barrel. Uranium is still cheap; it’s at multiyear lows. An uptick in accumulation of the cheaper uranium from … [visit site to read more]
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