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[1] [4] This price jump was an incentive for private companies to enter the market and sell helium at lower prices. [ 1 ] [ 3 ] [ 4 ] By 1970, it also became evident that the projected increase in government demand did not occur and that the helium stored in the Cliffside Field would last for decades.
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Helium usually makes up a minuscule portion of natural gas, but can make up as much as 10 percent of natural gas in some fields. A helium content of 0.3 percent or more is considered necessary for commercial helium extraction. [1] In 2012, helium was recovered at 16 extraction plants, from gas wells in Colorado, Kansas, Oklahoma, Texas, and ...
The Crude Helium Enrichment Unit in the Cliffside Gas Field. Remnants of the Amarillo Helium Plant in 2015. 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.
According to helium conservationists like Nobel laureate physicist Robert Coleman Richardson, writing in 2010, the free market price of helium has contributed to "wasteful" usage (e.g. for helium balloons). Prices in the 2000s had been lowered by the decision of the U.S. Congress to sell off the country's large helium stockpile by 2015. [23]
This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. ... Helium: 0.0001785: 0.008 ...