Helium Privatization Act of 1996
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The Helium Privatization Act of 1996 is a United States statute that ordered the US government to sell much of the National Helium Reserve.
The law was described by critics as a "fiasco" due to the formula-based sale price being significantly lower than the market price for helium.[1] The bill was amended in 2013 to use an auction to sell helium.[2]
External links[edit]
References[edit]
- ^ Yglesias, Matthew (14 May 2012). "America's Helium Privatization Fiasco". Slate. Retrieved 25 February 2018.
- ^ Cho, Adrian (8 July 2015). "New U.S. rules on helium sales said to stifle competition". Science | AAAS. Retrieved 25 February 2018.
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