William Trent_

Debunking the Bear Case for Energy

Thank you for the initial compliment. We will be sure to pass it along to the missus. However, we didn't previously consider Uranium Miner (the link in question) to be enviro-whackos. The quote we based our weaseldom on was:

"A persistent deficit between world U3O8 demand and worlds U3O8 mining supply has existed for close to two decades and inventories are steadily being depleted. Low grade uranium sources are plentiful and readily accessible but uneconomical at current prices, substantially higher prices are necessary to make them viable."

The uranium price movement of late also suggests a greater scarcity than you give credit for. As to lifetimes, we won't run out of oil for many of my lifetimes either, but I still think the price is going up and it will continue to be relatively scarce for a few years.