People, we should understand that treatment of Nuclear waste and subsequent enrichment to create nuclear fuel is a BUSINESS PROPOSITION and NOT a Technology thing.
The N Deal here, if you read between the lines, would give India or Russia, whichever succeeds in clinching it, sole or almost monopolistic rights to treat Nuclear Waste and convert it into fuel.
Every nation is not given the rights to treat and convert N Waste. What we are talking here is billions of US$ worth of conversions and reconversions and re-re-conversions, which will make us a lot of money, while we provide the same service Dirt Cheap to the biggest Buyer, the US. That is what this deal is about.
India is a formidable opponent when it comes to a battle. One because the US cannot survive even if it defeats India in war. They depend on us for their essential commodities and services.
This is why they are striving to please India too, when it comes to these small fry benefits, so that they continue to enjoy Indian support.
However, the catch would always be that India would be exploited by the US, just like Saudi Arabia is now...well think about it...while we pay $1.2 for a litre of Petrol, the US citizen pays $1 for 3.785 litres...hahahaha one-fourth the price...how? They set up the first refining facility in Saudi Arabia...Aramex if I am not mistaken.
They would have the same benefits from this deal...that's about it.
RE:There are aspects to this N Deal
by AlbertPinto on Jul 16, 2007 11:43 AM Permalink
Current gas price in california is around $3.14 per gallan which is around $0.83 per liter.
RE:There are aspects to this N Deal
by gatzzz on Jul 16, 2007 12:12 PM Permalink
If you know anything about retail petrol/gas pricing then you wouldnt be talking shit. The price of the oil is governed by lot of factors.
US companies own lot of oil wells and refineries in Middle East, South/North America, Alaska etc. Almost all of the oil US buys is bought in the New York Oil bourse in their own currency. Secondly considering the infrastructure US has built, the cost of transportation is severly low.
All these factors lower down the cost of a gallon of gas sold at retail outlets across the nation.
