Funny thing, about seven months ago I wrote that the price of Uranium UF6 was at $176, wondering if it was too high. Today, the same source quotes it at $338, nearly double.

We are heading there my friends. The end is near.

There's an awful lot of stuff to write about out there.
This blog is listed on Blogshares, so perhaps I could write about that.

The original idea of this blog was to write about colonialism in the modern world. I got the impetus from reading Thomas Pakenham's Scramble for Africa. I got the book when I was visiting South Africa about a year and a half ago. But enthusiasm soon faded, as did this blog.

I got to see if I will start writing again.

Flash.

The Economist writes about European energy markets. The main point of the article seems to be that the integrated market doesn't work when it comes to energy.

No mention of colonialism, though.

I was asked to link to Online personals for monkeys.

Uranium.

Quick facts about uranium states, that a pound - that is, 453.6 grams - of uranium cost $45 this year. UXC quotes uranium hexfluoride at roughly $176 today, and U₃O₈ at $63, so I am guessing quick facts quotes the price of oxide.

Nuclear power is usually quoted as being cheap in terms of marginal costs. EIA claims that in 2001 the cost incurred from fuel was roughly one half a US cent per kWh (at the time the US dollar was at par or more wrt. the euro). At that time The OECD Observer says, the price of uranium was at an all time low. But today, with prices at eight-to-tenfold, it would amount to about 5 cents per kWh. Todays market price for electricity is at 5.14 on average, so at least it seems that the US market is nearing the margin.

Of course these numbers have to be skewed; there is no way anyone would make a multi-billion investment that would barely break even on marginal costs. The very idea is absurd. And as we are seeing a number of nuke-plants being raised all over the world, it must be so that the marginal cost is in fact lower.

Either that, or neither the Finns nor the Chinese are able to do math.

Long time no see

This is a phantom posting. Sorry.

Been out

I've been out there gathering momentum these past few months. I have to rethink the concept of this blog because as it stands, I am out of ideas.

I think I have to take the easy way out and start writing about politics. Somehow politics seems like a dead topic. But an easy one: the bozos out there always come up with "new" ideas that they want to spend taxpayers' money on.

Let's see. First I have to get a new template.