[en] This paper examines recent political and legislative events in the U.S. which could impact the supply of natural uranium, uranium hexafluoride, conversion services, and uranium enrichment services. While the industry has been clouded with continuing uncertainty resulting from the ongoing miners vs. DOE litigation and a number of legislative proposals to embargo the import of uranium, very little attention was being paid to the free trade agreement discussions which were taking place between the U.S. and Canada. However, with a draft agreement now being fact and its ratification a possibility by mid-1988, the front end of the fuel cycle may finally begin to achieve some normalcy within the next year. The impact of these factors on the industry are addressed