logo
  Join        Login             Stock Quote

Seven Steps The US Can Take To Reclaim The Nuclear Power Initiative

 February 15, 2011 04:31 PM
 


Once there was a time when America bestrode the nuclear world as a colossus. Names such as Einstein, Oppenheimer, and Manhattan Project helped to win World War II and contributed to many peacetime applications as well. Over the ensuing decades, the United States allowed other nations to take the lead in the development of nuclear power.

Recently I wrote an article depicting the French Leader Sarkozy celebrating the multi-billion-dollar agreement with India to build a new generation of safe nuclear reactors for the next 25 years. We have become a nation asleep at the switch while the world is developing cheap, non-carbon electricity. Many countries, especially Asian nations, are building reactors with many proposed to come online in the future. France is the world leader, building facilities in England, Finland, China, Italy, and India among others. Even countries rich with oil such as Saudi Arabia and Iran have goals of building nuclear power generation. Doesn't that show the winds of change are blowing?

[Related -General Electric Company (GE) Q4 Earnings Preview: Feeling The January Effect]

Jeff Immelt, Ceo of General Electric (GE), has gone on record decrying the snail's pace at which nuclear plant construction is proceeding in the United States. He noted that we are building only one plant during a time of mass unemployment and mounting national debt.

Additional new nuclear plants are springing up elsewhere. South Korea gets a significant amount of electricity from nuclear and Korea Electric Power (KEP) has been competing with giants for nuclear plant construction. Taiwan is beefing up its power grid by going nuclear as well. The Russians have signed nuclear agreements with Iran, China, Venezuela, and Nigeria. Yet the US dragged its feet. It is apparent that America has no time to lose in the nuclear race.

[Related -Do Earnings Mean Anything Anymore?]

Actually this crisis presents a singular opportunity for alert readers to make large profits in a rapidly growing sector catalyzed by volatile world developments. Under our very noses we are witnessing the possible loss of our oil supplies via such threats as the closure of the naval choke hold, Suez and Hormuz. There was little coverage over the weekend of the explosion in Northern Sinai of the Egyptian-Israel-Lebanon-Jordan natural gas pipeline by terrorists and it's believed a renewed interest will arise in light of recent events in the Middle East. Now investors are celebrating Mubarak's departure, however a leaderless nation with a power vacuum may be the perfect environment for a geopolitical explosion.

I propose the following seven-step program to rebuild our nuclear legacy and, at the same, provide profitable opportunities for readers.


Next Page >>123
iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageXerox Corp. (XRX): An Insider’s $500,000 Insider Buy

Last week was a healthy week of insider buying as 194 companies reported purchase records. The number read on...

article imageQihoo 360 Technology Co Ltd. (QIHU) Q2 Earnings Preview: A Green Monday

Qihoo 360 Technology Co Ltd. (NYSE:QIHU) will report its second quarter 2014 financial results on Monday, read on...

article imageSix Stocks that Could Outperform in the next 90 days

Earlier today, Goldman Sachs put out its list of the 50 stocks that Matter Most. It’s a list of the 50 read on...

article imageFoot Locker, Inc. (FL) Q2 Earnings Preview: Running Past the Street View

Foot Locker, Inc. (NYSE:FL) plans to report financial results for its second quarter ended August 2, 2014 read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.