Nuclear Comeback?

Article Abstract:

Due to some action being taken by various branches of the Federal Government, the nuclear power industry, which in recent years has suffered many setbacks, may once again have a future. The industry, which is extremely cost intensive (a new nuclear power plant may cost over two billion dollars), had suffered fragile and fickle public support, state restrictions and reduction in public use of power. Many utilities have halted current construction or future plans for construction of nuclear power plants. Many see the chief obstacles to development of nuclear power the fact that there is no national nuclear waste policy. Congress is considering legislation which would set up a national, permanent waste storage program, and this bill has strong congressional support. Federal encouragement and commitment could help the private sector revive nuclear construction projects, and prepare for future anticipated energy needs.

Finance, Nuclear energy, Nuclear power plants

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The Petroleum Price Puzzle

Article Abstract:

The price of oil affects the economic welfare of the entire world, yet with all industrial nations dependent upon oil, and the oil supply and its price dependent upon the whim of a few nations, there is really no accurate way to predict oil production or its price. It would appear to experts that the current prices should remain stable for a while, and there should be large supplies of oil available. The members of the Organization of Petroleum Exporting Countries (OPEC) have considerable power, for they are the group which sets production and price standards for most of the world's oil supplies. Although they have joined together in the past to disrupt supplies and create energy crises all around the world, the OPEC ministers are currently engaged in many internal skirmishes and the exporting of oil has remained stable and abundant.

Prices and rates, Economic policy, Organization of the Petroleum Exporting Countries, Petroleum

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Double-Edged Sword

Article Abstract:

There is a bill pending which would increase the amount of time an employer is required to permit an employee to take to fulfill training requirements fo the National Guard and Reserve. Currently the time allowed for Guard training is ninety days over a three year time span. The new bill would increase the time to one year out of three. While this might permit more National Guard members to take advantage of special long term training, the great disadvantage is that many employers would be unwilling to hire people who would possibly be gone from their jobs one third of the time.

Strategic materials

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