Today the world's original oil reservoir of 2 trillion barrels of oil is more than half used up. And most geologists believe as I do that the world hit peak oil production two years ago. That means that even as demand for energy skyrockets - India and China are gorging themselves on hydrocarbons - output is falling in startling degrees. In fact by 2030 we will only harvest as much oil as the world produced in 1980.
We're decades away from utilizing solar energy in any meaningful way, and faced with critical shortages in petroleum, there is only one immediate solution - nuclear energy. And the guts to this solution is uranium.
Uranium is enjoying its greatest bull-market ever. As oil reserves dwindle and energy demands grow, the entire world, but China in particular, is starting to make the move to nuclear power.
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