• 4 minutes Why Trump will win the wall fight
  • 7 minutes Tension On The Edge: Pakistan Urges U.N. To Intervene Over Kashmir Tension With India
  • 12 minutes Maduro Asks OPEC For Help Against U.S. Sanctions
  • 16 minutes Washington Eyes Crackdown On OPEC
  • 9 hours Itt looks like natural gas may be at its lowest price ever.
  • 11 hours Climate Change: A Summer of Storms and Smog Is Coming
  • 4 hours North Korea's Kim To Travel To Vietnam By Train, Summit At Government Guesthouse
  • 11 hours America’s Shale Boom Keeps Rolling Even as Wildcatters Save Cash
  • 1 day AI Will Eliminate Call Center Jobs
  • 1 day Oil imports by countries
  • 14 hours US-backed coup in Venezuela not so smooth
  • 8 hours Amazon’s Exit Could Scare Off Tech Companies From New York
  • 1 day NZ Oil, Gas Ban Could Cost $30 Bln
  • 1 day Indian Oil Signs First Annual Deal For U.S. OilIndian Oil Signs First Annual Deal For U.S. Oil
  • 1 day Solar and Wind Will Not "Save" the Climate
  • 13 hours Some Good News on Climate Change Maybe
  • 16 hours Europe Adds Saudi Arabia to Dirty-Money Blacklist

Investing In The Nuclear Renaissance

Nuclear Plant

Since the election in November energy stocks have soared, with most of the attention being on conventional oil and gas producers. That makes sense, but traders and investors should not ignore the renaissance currently underway in another energy industry, nuclear power.

The conventional wisdom about the energy sector under a Trump Presidency is well known, and perfectly logical. Fossil fuels are back. Some of the campaign rhetoric that led to that belief, of course, is just that, words with no practical impact. There is a limit to what a President can do and bringing back coal jobs, a feat that would require changing global attitudes and economic realities, is beyond those limits. Some stated energy policies, however, are more achievable. The White House controls the Department of Energy and the EPA, so changing the regulatory environment to favor fossil fuels is fairly easily done. When Rick Perry was confirmed as Energy Secretary it looked to many people as just further confirmation that oil was the place to be.

On the surface that makes sense; Perry was the Governor of Texas, after all, which is rightly seen as an oil State. Dig a bit deeper into his record, however, and it becomes clear that Perry’s energy policy for Texas was more a matter of “all of the above”. He certainly created a favorable environment for oil and gas, but under his watch, Texas also became a leader in solar and wind power generation, indicating a practical approach above…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin



Oilprice - The No. 1 Source for Oil & Energy News