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Page added on February 9, 2007

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Seven reasons the uranium price will hit $100 this year

#5: Peak Oil and Peak Natural Gas

In 2006, global oil demand grew 0.9%, thanks to steady growth in China and the Middle East. The world used 84.5 million barrels of oil per day last year, according to the International Energy Agency. That

In fact, the former Soviet Republic Belarus, which was hardest hit by the Chernobyl nuclear accident, is pulling out all the stops to accelerate its nuclear energy program. Reason: President Alexander Lukashenko is desperate for an alternative to Russian natural gas that is fast rising in price.


If Belarus is embracing nukes, I believe even the most die-hard holdouts won



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