Skip to main content

Meet The Press on Energy Policy

By Eric McErlain
This morning at NEI, a lot of us are talking about yesterday's edition of Meet The Press that dealt with energy policy. Click here to view the program. Click here for the transcript.

Some thoughts, later.

UPDATE: Our friend Pat Cleary weighs in. And Tim Russert isn't doing too well either. Click here to see what I'm talking about. More here.

ANOTHER UPDATE: More head shaking here.

Technorati tags: , , , , , , , , , ,

Comments

David Bradish said…
I thought it was great. Get Durbin out of there though. All the experts basically said the profits of oil companies are justified and Durbin's the one who just doesn't get it.

I couldn't believe the Senator from Illinois was so skeptical about nuclear of all the places.
May 1, 2006 at 12:56 PM
Farkas said…
MTP showed its arrogance toward America by putting on Durbin and the inarticulate Bowman. What an opportunity lost to explain how the gasoline market works. Bowman did not seem to have much on his 3x5" card except some repeated nonsense about investigating the oil companies. It is unbelievable that Russert got him to declare a "crisis" in America.

Where I live, folks are happily sitting in long traffic jams on the way to work in Hartford coming south on I-91 as well as all the ones caught on the Belt Parkway around Kennedy airport this past weekend. $3 plus per gallon does not seem to be chaning behavior. No recession. In fact, the economy is booming along with 4.8% growth at last measure. Less than 5% unemployment, near historically low home mortgage interest rates, and a six year high in the DJIA, and a whole host of folks breaking down the boarder trying to get in on the action. MTP was another edition in the MSM's attempt to peddle doom & gloom.
May 1, 2006 at 7:59 PM
Post a Comment

Popular posts from this blog

Fluor Invests in NuScale

By
You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...
1 comment
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more