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Helium Today

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Helium

Part of the book series: SpringerBriefs in Earth Sciences ((BRIEFSEARTH))

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Abstract

At the beginning of the 1990s, it became clear that change was needed in the United States helium industry. Proposed legislation to amend the 1960 Helium Act allowing Government agencies to purchase helium from private producers was recognized. In the 1993 Minerals Yearbook, the Vice Presidents National Performance Review (NPR) revealed (excerpt from the Minerals Yearbook 1993).

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Notes

  1. 1.

    Impact of Selling the Federal Helium Reserve, National Academies Press, 2001.

  2. 2.

    The price of $43 represents dollar value in 1996. The posted price for the year was $49.50. Government posted helium prices can be found at the following resource: http://www.blm.gov/nm/st/en/prog/energy/helium/helium_operators_information/crude_helium_price.html.

  3. 3.

    This publication can be found online: http://www.nap.edu/catalog/9860.html.

  4. 4.

    Helium, Minerals Yearbook 1998, David V. Hayes, Jr., p. 36.2.

  5. 5.

    Helium, Minerals Yearbook 2000 and 2001, Norbert Pacheco.

  6. 6.

    Although helium does not form molecules, the industry refers to helium as “molecules”, not atoms.

  7. 7.

    The 1996 Act was to terminate by the 2015 deadline or the full repayment of the Helium Debt, whichever came first. The Helium Debt repayment occurred before the 2015 deadline.

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Correspondence to Wheeler M. “Bo” Sears Jr. .

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“Bo” Sears, W.M. (2015). Helium Today. In: Helium. SpringerBriefs in Earth Sciences. Springer, Cham. https://doi.org/10.1007/978-3-319-15123-6_6

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