Electric Power Companies Apply for Federal Loans to Construct 14 Nuclear Power Plants

U.S. Global Investors Weekly (10/03/2008)
"The U.S. Department of Energy said Oct. 2 it has received 19 applications from 17 electric power companies for federal loan guarantees totalling $122 billion to support the construction of 14 nuclear power plants.

Supportive of natural gas prices, Barclays Capital expects U.S. liquefied natural gas (LNG) imports to stay around 1.0 billion cubic feet per day for the remainder of the year given the continued wide divergence between regional gas prices."

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