The Potential Emerging Energy Crunch

According to Cambridge Energy Research Associates high energy prices are here to stay until 2008; we think if nothing is done to address the root cause of the problem that high-energy prices could plague Americans for at least another 9 years if not longer. Let’s look at some alternative energy sources.

Shortages of uranium could get so bad that it could precipitate a war between rivalling nations and then prices could hit unheard of levels. We are entering a new paradigm and the only real solution to avoid unimaginable prices in uranium and possible wars is for someone to come up with a new clean and cheap energy source or for nations to spend billions of dollars in exploration and for the development of new mines.

safehaven