BLM helium sales generate $60m for American taxpayer


The Bureau of Land Management (BLM) has transferred $60m generated from the sale and auction of crude helium from the Federal Helium Reserve to the US Treasury.

The BLM’s crude helium plant supplies approximately 27% of the US helium demand, and approximately 16% of the world’s helium demand.

The Federal Helium Reserve – a resource owned by the American people and managed by the BLM’s Amarillo Field Office – is the nation’s leading producer of crude helium for both the public and private sectors.

Crude helium is an important resource for technology development and other important uses related to national defence, energy, medicine, industry and space exploration.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...