Further increase in price of federal crude helium from Bureau of Land Management


There’s been another development in the ongoing helium-supply demand story, with the announcement yesterday that The Bureau of Land Management (BLM) has raised the price of federal crude helium.

Amarillo, Texas-based BLM revealed that revised pricing for crude helium will be offered during its 2013 Open Market Sale, effective October 2012.

The Fiscal Year 2013 price will be $84.00 per Mcf, up from $75.75 per Mcf in Fiscal Year 2012.

A BLM statement explains that the new price is the result of a revised methodology that relies partly on the Consumer Price Index (CPI), as in years past, but incorporates other factors aimed at better capturing the costs of production and the increasing value of crude helium.

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