Gosh, I remember when the US had a strategic Federal Helium Reserve to secure a reliably supply, but was sold off in the interests of cost savings and shrinking government that was all the rage:...
Gosh, I remember when the US had a strategic Federal Helium Reserve to secure a reliably supply, but was sold off in the interests of cost savings and shrinking government that was all the rage:
To amend the Helium Act to complete the privatization of the Federal helium reserve in a competitive market fashion that ensures stability in the helium markets while protecting the interests of American taxpayers, and for other purposes.
For the better part of a decade, scientists like Hayes have urged government officials to hold on to the reserve, instead of selling it to a private entity — likely a major industrial gas or pipeline company, and possibly one that is foreign-owned. They say that the decision Congress made in 1996 to set into motion a 25-year plan to unload the reserve, in a bid to shrink government, was shortsighted and potentially detrimental to a host of industries, ranging from medical technology to rocket science.
...but they were ignored as privatization of public resources is far more lucrative. This was started in the 1990's but only just was completed a couple of years ago.
Gosh, I remember when the US had a strategic Federal Helium Reserve to secure a reliably supply, but was sold off in the interests of cost savings and shrinking government that was all the rage:
Of course, it was seen as a risk at the time and likely a bad idea by folks who relied on helium:
...but they were ignored as privatization of public resources is far more lucrative. This was started in the 1990's but only just was completed a couple of years ago.