Rick Rule: This energy crisis will be widely bullish for uranium in the long run The Japanese and French nuclear fleet, the 4th and 3rd largest in the world, was constructed as a result of the painful experience of the Arab oil embargo in 1973. The current energy crisis will have a similar effect, as uranium’s extremely high energy density allows countries to store years’ worth of energy supply with relative ease ...making it the best strategic energy source - Japan runs 15 of their 41 reactors – expect increased reactivations - Uranium is already in deficit - Available supplies at cheap prices are quickly running out - The pace of new plant construction will be red hot Uranium is the winner of the current energy crisis