RE:Nuclear power …@ Frak007 - Oil may hit $300 a barrel at some time in the future but uranium is presently the flavour of the day. Uranium is actually in short supply and demand for uranium is inelastic, meaning demand does not drop as it price increases because nuclear power plants cannot substitute uranium for other fuel. That being said, $100/lb uranium means nothing in operating cost to a nuclear plant that's worth $10-15B but it's huge free cash flow to uranium miners with an all in cost of $40/lb.