Despite last ditch efforts by the Compressed Gas Association to postpone the General Services Administration’s long-awaited auction of the Federal helium assets, the GSA proceeded with the bid opening as planned at 2 PM CST on January 25.
While there was considerable interest in the auction result, there was minimal participation in the auction.
There were two lots offered for sale:
Lot #1 consisted of 1 billion standard cubic feet of crude helium.
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