Taipan Financial News Chart of the Day
Today's TFN Chart of the Day is Sponsored by:
|
Energy Production vs. Energy Use
Christian DeHaemer, Publisher, Gressor
October 13, 2006
 |
Energy use grows as standard of living grows. The current estimated global GDP growth is running at 4.5% a year. India is growing about 8% and China about 10%. GDP in the U.S. averages about 3%.
If you extrapolate this out to 2025, you begin to ask yourself where the supply will come from when energy demand increases from 98.1 quadrillion Btus to 250 quadrillion Btus in the U.S alone.
Winners and losers
You will note in the chart that nuclear energy will grow from supplying 7% of our energy needs to 27%. This is why countries are on a massive nuclear power plant build out (30 in China alone), and why the price of uranium has gone up 510% in the past three years.
For more from Chris and the GRESSOR team, access this special investment report.
Copyright 2006, The Taipan Group, LLC, GRESSOR, Taipan Financial News,, and Dynamic Market Alert, 808 St. Paul St., Baltimore, MD 21201
All rights reserved. No part of this report may be reproduced or placed on any electronic medium without written permission from the publisher.
Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed.