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jfz9580m

(17,140 posts)
10. Interesting ..Thank you
Sun Mar 22, 2026, 10:55 AM
12 hrs ago
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]



It is a very short article. It looks like it was signed into law by Clinton, but there isn’t much of a backstory.

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1 members have recommended this reply (displayed in chronological order):

And all the Party City stores closed down!! Baitball Blogger 14 hrs ago #1
so does Five Below, for what it's worth. cab67 13 hrs ago #7
TrumpenFuhrer and his band of minions have created quite a situation for the country NoMoreRepugs 14 hrs ago #2
A friend in Australia just reported gas prices there have doubled. Martin68 12 hrs ago #23
The only forethought they have is their orange antiKKKRyste starting Armaggedon Justice matters. 3 hrs ago #42
They think THEY can kickstart the 2nd Coming. But even Christ himself said... Beartracks 2 hrs ago #44
;-{)......Stay Tuned Goonch 14 hrs ago #3
I didn't think he'd be able to top the clusterfuck of his COVID response, tanyev 13 hrs ago #4
Believe it, he's getting help ... lots and lots of help FakeNoose 12 hrs ago #18
WHY don't they care? WHY are they content to live like this??? young_at_heart 11 hrs ago #27
My sister worked in a flower shop Jrsygrl96 13 hrs ago #5
Yes there is a finite amount of helium Lifeafter70 11 hrs ago #26
Bad for sea turtles, too. They mistake them for jellyfish, swallow them, then can't digest or expel them. nt eppur_se_muova 1 hr ago #45
Put a dementia-ridden idiot in charge, collapse civilization. Thanks, MAGA! ms liberty 13 hrs ago #6
tRump isn't cooked, the US is cooked groundloop 13 hrs ago #8
Republicans intentionally destroyed US Helium production and reserves. James48 13 hrs ago #9
Interesting ..Thank you jfz9580m 12 hrs ago #10
Ah, the much-vaunted "Third Way"... GiqueCee 12 hrs ago #13
Is the line item veto in force? Was it back then? paleotn 12 hrs ago #16
A while back... GiqueCee 12 hrs ago #11
I think it's mostly profit motive ... It was cheaper to buy from Qatar FakeNoose 12 hrs ago #19
the repugs have sold off our helium reserves at least twice to private companies Nigrum Cattus 12 hrs ago #12
And they'll make a fortune on reduced supply and far higher prices. Who could have seen that coming? paleotn 12 hrs ago #15
Gee whiz, it seems international trade is complex and important in ways we don't even know or think about. paleotn 12 hrs ago #14
Helium is fascinating. PCIntern 12 hrs ago #17
NOPE trump doesn't have a care in the world blue blues 12 hrs ago #20
moe DISTRACTION. :( AllaN01Bear 12 hrs ago #21
The other vital resource that has been cut off is fertilizer. Our farmers paid for it in advance and will desperately Martin68 12 hrs ago #22
Add in diesel Whip-poor-will 11 hrs ago #28
Seems Overwrought ProfessorGAC 12 hrs ago #24
Ready to produce? dpibel 10 hrs ago #30
The Wells Have Been In Place For Decades ProfessorGAC 9 hrs ago #31
Iran dosent need to strike America. BradBo 11 hrs ago #25
Hmmm. Only two weeks after Noem was fired. GopherGal 10 hrs ago #29
I know...let's use hydrogen gas instead! roamer65 8 hrs ago #32
"Windmills" can be used to produce hydrogen. So yeah! thought crime 6 hrs ago #34
I know you're not serious caraher 3 hrs ago #43
The orange pedo treats the world like it's one of his failed casinos. nt Javaman 6 hrs ago #33
Doesn't the U.S. have a strategic reserve of helium? Squaredeal 5 hrs ago #35
republicans will allow trmp to destroy the world. spanone 5 hrs ago #36
And a lot of them think it's necessary for jeebus to come back not fooled 4 hrs ago #37
Exactly mdbl 4 hrs ago #38
Congress is effn useless and complicit in the trump's destruction vapor2 2 min ago #48
I don't get these "trump is cooked" headlines mdbl 4 hrs ago #39
Doomsday preppers might be onto something. Aussie105 4 hrs ago #40
Trump will just blame the shortage on Biden. And the magats will just nod their heads in agreement. Jim__ 4 hrs ago #41
As long as the MAGAts have enough helium for their kids party balloons ToxMarz 16 min ago #46
HA! This means he may no longer get an MRI????? vapor2 3 min ago #47
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