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In reply to the discussion: 'Trump is cooked': Fears of 'collapse' spread as war sparks shortage of critical resource [View all]jfz9580m
(17,144 posts)10. Interesting ..Thank you
The Helium Privatization Act of 1996 is a United States statute that ordered the US government to sell much of the National Helium Reserve. The 104th Congress passed the Act of Congress presenting the legislation to the United States President on September 30, 1996. President Bill Clinton enacted the federal statute into law on October 9, 1996.[1]
The law was described by critics as a "fiasco" due to the formula-based sale price being significantly lower than the market price for helium.[2] The bill was amended in 2013 to use an auction to sell helium.[3]
The law was described by critics as a "fiasco" due to the formula-based sale price being significantly lower than the market price for helium.[2] The bill was amended in 2013 to use an auction to sell helium.[3]
It is a very short article. It looks like it was signed into law by Clinton, but there isnt much of a backstory.
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'Trump is cooked': Fears of 'collapse' spread as war sparks shortage of critical resource [View all]
turbinetree
20 hrs ago
OP
TrumpenFuhrer and his band of minions have created quite a situation for the country
NoMoreRepugs
19 hrs ago
#2
The only forethought they have is their orange antiKKKRyste starting Armaggedon
Justice matters.
9 hrs ago
#42
They think THEY can kickstart the 2nd Coming. But even Christ himself said...
Beartracks
8 hrs ago
#44
Bad for sea turtles, too. They mistake them for jellyfish, swallow them, then can't digest or expel them. nt
eppur_se_muova
7 hrs ago
#45
Put a dementia-ridden idiot in charge, collapse civilization. Thanks, MAGA!
ms liberty
19 hrs ago
#6
the repugs have sold off our helium reserves at least twice to private companies
Nigrum Cattus
18 hrs ago
#12
And they'll make a fortune on reduced supply and far higher prices. Who could have seen that coming?
paleotn
18 hrs ago
#15
Gee whiz, it seems international trade is complex and important in ways we don't even know or think about.
paleotn
18 hrs ago
#14
The other vital resource that has been cut off is fertilizer. Our farmers paid for it in advance and will desperately
Martin68
17 hrs ago
#22