Gas Energy Reserves—Oil Coal and Uranium - Uranium

The United States possesses enough uranium to fuel existing nuclear reactors for more than forty years. In 2003, according to the EIA's "U.S. Uranium Reserves by Forward-Cost Category, Year-End 1993-2003," uranium reserves totaled 1.4 billion pounds of uranium oxide, mostly in Wyoming and New Mexico. Exploration for uranium has reflected that energy markets are moving away from nuclear energy. The number of uranium mills producing uranium concentrate dropped from eleven at the end of 1997 to three at the end of September 2004 (EIA, Domestic Uranium Production Report, "Number of Uranium Mills and Plants Producing Uranium Concentrate," http://eia.doe.gov/cneaf/nuclear/dupr/qupd.html [accessed January 10, 2005]).