In response to the element’s scarcity, the United States has - TopicsExpress

In response to the element’s scarcity, the United States has been stockpiling helium since the 1960s in a National Helium Reserve called the Bush Dome, a deep underground reservoir outside of Amarillo, Texas. By the mid 1970s 1.2 billion cubic meters of the gas was stored there. The current reserve is approximately 0.6 billion cubic meters, or roughly 4 times the current world market. In 1996 the Helium Privatization Act mandated that the Department of the Interior sell off all the stockpiled helium by 2015. As a consequence, the United States government is selling the equivalent of 40 percent of the world market of helium at a below-market price. #OwnershipMyth #EndPrivatization #EndCapitalism #SaveEarth

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