[threadbear]

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('cube', ' ')I keep on hearing these news stories about the political climate shifting in favor of nuclear power, laws being changed, proposals, possible subsidies.....

[Ming]

$this->bbcode_second_pass_quote('dinopello', 'I') run into this argument all the time about the speculators. The price of oil has been on a steady, more or less constant rise since 2003 (the only "sustained" drop was 6 months at the beginning of '06). I can see how speculator exuberance can make the short-term slope of that increase for brief periods (followed by a dip or correction) but I don't believe a speculator can cause the sustained increase. Unlike gold or silver, you have to take delivery of and use the oil in a fairly short period of time. Is anyone here arguing that the 5 year steady increase is due to speculation ?

BTW, I don't pretend to know much about this type of commodity market/investing. My rail stocks have been doing gangbusters though and I believe I understand the factors behind that. As long as the economy doesn't completely collapse...