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Map showing helium-rich gas fields and helium processing plants in the United States, 2012. From USGS. Helium production in the United States totaled 73 million cubic meters in 2014. The US was the world's largest helium producer, providing 40 percent of world supply. In addition, the US federal government sold 30 million cubic meters from storage.
This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium.
In late February, the Canada-based Pulsar Helium announced that it found a reserve of the gas at its Minnesota “Topaz” site in excess of 12.4 percent, an estimate that was revised a few weeks ...
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The National Helium Reserve, also known as the Federal Helium Reserve, is a strategic reserve of the United States, which once held over 1 billion cubic meters (about 170,000,000 kg) [a] of helium gas. The helium is stored at the Cliffside Storage Facility about 12 miles (19 km) northwest of Amarillo, Texas, in a natural geologic gas storage ...
Helium plays an important role in breathing devices and it mostly comes as a by-product of petroleum production. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: ...
The commission set the price of gas below the market rate, resulting in price distortions. The low prices encouraged consumption and discouraged production. By the 1970s, there were shortages of price-regulated interstate gas, while unregulated gas within the gas-producing states (intrastate gas) was plentiful, but more expensive.
The helium companies involved in the operation sued the United States government for breach of contract. The owners of the land containing the natural gas from which helium was separated as a side-product sued the government for the value of the helium, as they were unable to sell it to third parties. [3]