Instead, they`ll just kick the can down the road by allowing the stockpile to continue to sell helium for another year or so. But over that time, someone is going to have to work out how to extricate the US government from the& ...
government helium stockpile
Markets: Long of Oil, Short of Helium. ... The story goes that the US has been stockpiling helium in `The Federal Helium Reserve` (no, really) – an underground reservoir near Amarillo – since it was built in 1929. There is also a processing plant and 450 miles of ... The problem is that Congress passed `The Helium Privatization Act` in 1996, which stated that the government would effectively end sales from the reservoir once its debt was paid off. And this is expected to& ...
But, Chan notes, in 1996 the Helium Privatization Act mandated that the Department of the Interior sell off all the stockpiled helium by 2015. "As a consequence," he says, "the United States government is selling the equivalent& ...
The American government has stockpiled helium since 1960. It started selling off some of those stocks in the 1990s. And those sales will stop some time later this year, which means that 30% of the World market helium supply& ...
Instead, they`ll just kick the can down the road by allowing the stockpile to continue to sell helium for another year or so. But over that time, someone is going to have to work out how to extricate the US government from the& ...
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- Aug 25 Sun 2013 16:15
Government Helium Stockpile
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Government Helium Stockpile
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