$100 Uranium Before 2010
By: Elliott H. Gue, The Energy Letter | Wednesday, November 1 2006
In the August 4 issue of The Energy Letter, I outlined my bullish case for uranium prices. Simply put, the supply/demand balance for uranium is tighter than for just about any other major commodity; supply of natural uranium from mines just isn't enough to cover even current demand. And with a global building boom for nuclear power plants underway, demand for uranium is only going to rise. Full Story