According to Friday's Nuclear Market Review (NMR), many market participants were left stunned by the recent record jump in the weekly spot uranium price. The market has increasingly diverged between those who have U3O8 and those without. Utilities with existing supply contracts "are heaving a sigh of relief," NMR editor Treva Klingbiel wrote. And those trying to find uranium in today's climate "are forced to face the reality of a seller's market," she said.

H.R. 5427 provides funding for research into a variety of alternative energy technologies, including biomass, hydrogen, solar, wind, and clean coal. It contained a $200 million reduction in earmarks compared to last year's bill..... Among other things, H.R. 5427, will provide the following: € $24.37 billion dollars for the Department of Energy, including fully funding the American Competitiveness Initiative and $2 billion for energy supply and conservation programs.