Hmm i see an opportunity there somewhere. Saudi Arabia and Iran aren’t exactly on the best of terms...
So, basically Obama thinks Tehran should have the right to enrich uranium, but US citizens should not be allowed to tote AR-15’s. Ok, makes perfect sense...got it! /sarcasm;)
But the Obama Administration is closing down:
Centrus Energy Corp. (NYSE MKT: LEU) confirmed today that Oak Ridge National Laboratory (ORNL) has informed Centrus that it intends to extend its contract with the Company at a reduced level for research on the world’s most advanced uranium enrichment centrifuges.
The new contract will cover the period from October 1, 2015, to September 30, 2016, with the possibility for additional extensions. It excludes continued operations of America’s only operating cascade of advanced uranium enrichment centrifuges in Piketon, Ohio. Funding will be reduced by approximately 60 percent to $35 million per year, and the scope of activities will be limited to development activities in Oak Ridge, Tennessee.
http://finance.yahoo.com/news/ornl-extend-centrus-contract-advanced-230900814.html
The shutdown of the Paducah Gaseous Diffusion Plant for economic reasons in 2013 left the United States
without any industrial scale domestic uranium enrichment capability for the first time since the Manhattan
Project. Restoring this capability is important to America’s national and energy security for four reasons:
Maintaining the nuclear deterrent.
Meeting the long-term fuel needs of the U.S. Navy.
Reducing the danger of nuclear proliferation.
Strengthening U.S. energy security.
read more:
http://www.centrusenergy.com/sites/default/files/National%20Security%20Importance%20of%20U.S.%20Enrichment%20Capability.pdf