Latest National Helium Reserve Stories
Key committee meeting scheduled for Thursday Murray Hill N.J. and New Providence, N.J., May 15, 2013 /PRNewswire/ -- Linde North America praised the Chairman and Ranking Member of the Senate Energy and Natural Resources Committee for working quickly to advance legislation to reauthorize the Federal government's helium program, which is the source of 40 percent of the nation's helium. Committee Chairman Ron Wyden, D-Ore., and Ranking Member Lisa Murkowski, R-Alaska, have scheduled a...
LEHIGH VALLEY, Pa., April 18, 2013 /PRNewswire/ -- Air Products (NYSE: APD), the global leader in helium production, continues to take actions to improve future helium supply reliability for its customers. Today Air Products announced the signing of a Memorandum of Understanding (MOU) with Russia-based Gazprom Export LLC that confirms Air Products' long-term plans to purchase helium from Gazprom. Gazprom intends to start development of its major natural gas resources in Eastern...
WASHINGTON, Feb. 14, 2013 /PRNewswire-USNewswire/ -- The Balloon Council, a national trade organization of balloon manufacturers, wholesalers, distributors and retailers, applauded Congress for making progress toward preventing a shutdown of the Federal Helium Reserve, which would severely impact the helium market and disrupt the helium supply chain nationwide. The Balloon Council released its statement at the House Natural Resources Committee Oversight Hearing held today on "The...
Michael Harper for Redorbit.com Helium is a remarkable gas with many roles. During the week it can be used in the laboratory, making sure important equipment like telescopes and MRI machines run cool. On the weekends, helium likes to party, holding your balloons aloft and setting the mood. This kind of “Burning the candle at both ends” is catching up with the gas however, and ultimately may see the end of helium on this planet. According to some, the world may run completely out of...
LEHIGH VALLEY, Pa., Oct. 12 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD) and MATHESON, a member of the Taiyo Nippon Sanso Corporation (TNSC) group, today announced that on-site construction has commenced on a new, jointly-owned liquid helium production plant near Big Piney, Wyoming. The plant, designed to produce 200 million standard cubic feet per year at start-up, with expectations for future expansion to 400 million standard cubic feet per year, would process crude helium produced...
Helium is used in applications ranging from medical devices such as MRIs to surveillance balloons for national security. In the Helium Privatization Act of 1996, Congress directed the government to sell essentially all of the U.S. helium reserves by 2015 to compensate the government for its investment in the helium and its storage.SELLING THE NATION'S HELIUM RESERVE, a new report from the National Research Council, assesses whether selling off the reserve has had any adverse effects on U.S....
By Jim McBride, Amarillo Globe-News, Texas Mar. 4--The Bureau of Land Management's crude helium enrichment unit north of Amarillo will be shut down for maintenance and component replacement through March 14. The temporary shutdown could potentially exacerbate a helium supply shortfall that began in 2006 because of spiraling worldwide demand. But BLM officials said they have coordinated the plant's shutdown with private refiners, who are prepared. "Doing this maintenance now is...
