[cripplecreek]

Germany has shut down its nuclear reactors. Yee haw, looks like we’ll be seeing $10 dollar per gallon gas sooner than we ever believed possible.

[tsowellfan]

Germany has shut down its nuclear reactors? You mean since the earthquake in japan?

[thackney]

Pre-1980 German nuclear plants to close: Merkel
http://www.reuters.com/article/2011/03/15/us-germany-nuclear-merkel-idUSTRE72D51520110315

German Chancellor Angela Merkel said on Tuesday that all seven of the country's nuclear power plants which began operation before 1980 would be provisionally shut down.

She also told a news conference that all German reactors would undergo checks and all safety questions about the plants would be answered by June 15.

Merkel did not say when the older plants would be shut down.

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Germany doesn't use oil for power either. This is very unlikely to effect oil price. But I would guess natural gas units typically used for peak are going to get fired up.