Saturday, October 16, 2010

Russia, Venezuela Reach Deal On Country's First Nuclear Power Plant

I don't follow the idea that countries rich in oil have no need for nuclear power. Oil is a finite resource and sometime in the not too distant future it will be gone and well before that we will hit peak oil where demand outstrips supply. As that happen oil will get more and more valuable and its natural for countries like Iran and Venezuala to want to get electricity from other sources so they can sell it for massive profits to suckers like the US who want to remain addicted to oil forever.
Read the Article at HuffingtonPost

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