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“It certainly has been a very big deal. But on the other hand . . . oil is still up near $100/barrel. All these cornucopian stories that have been coming out for nearly a year now have promised cheap oil but it remains relatively expensive. And the steep decline rates of the Bakken wells will start hitting us soon. So I think the shale oil has been hyped a bit too ...”
“Nuclear power absolutely has an excellent chance for a place at the table, but it has to address the current industry environment. The last round of plants only began to look attractive when they finally were in the hands of competent operators and had been fully amortised or acquired cheaply. As Excelon and Duke have both publicly noted, large new nukes require assurance of stable gas prices in ...”