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Markets :: Industrial Gases

Helium Stewardship Act passed by House and Senate

8:42 AM MDT | October 3, 2013 | Lindsay Frost

The Helium Stewardship Act of 2013 has been passed by both the US Senate and House of Representatives—preventing the pending shutdown of the Federal Helium Reserve, which would have dramatically reduced and destabilized the global helium supply, experts say. The Senate passed its own version of the bill last month by a 97-2 vote. The program was originally scheduled to end on 7 October for privatization. “The legislation passed by Congress secures the continued operation of the reserve, maintains access to a significant percentage of the world’s...

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