For more than a year, the fate of the Federal Helium Reserve, one of the world’s largest and most dependable suppliers of helium, has been uncertain.
The mammoth underground structure is comprised of nearly 500 miles of pipeline — stretching from Amarillo, Texas, to the panhandle of Oklahoma to Kansas — and supplies roughly 40% of the world’s helium.
“It was supposed to be sold off by 2021,” said Sophia Hayes, a professor of chemistry at Washington University in St. Louis and one of the nation’s leading helium experts. “But for the past year, it’s been silent.” For the better part of a decade, scientists like Hayes have urged government officials to hold on to the reserve, instead of selling it to a private entity — likely a major industrial gas or pipeline company, and possibly one that is foreign-owned.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Job market still hot despite Federal Reserve's inflation efforts - Dallas Business JournalCompanies are beefing up hiring in 2023. But they will need to move fast to snag the best candidates.
Read more »
Job market still hot despite Federal Reserve's inflation efforts - Jacksonville Business JournalMore companies are deciding to staff up in 2023 despite any worries about a potential recession.
Read more »
Job market still hot despite Federal Reserve's inflation efforts - Phoenix Business JournalCompanies are beefing up hiring in 2023. But they will need to move fast to snag the best candidates.
Read more »
Job market still hot despite Federal Reserve's inflation efforts - Silicon Valley Business JournalCompanies are beefing up hiring in 2023. But they will need to move fast to snag the best candidates.
Read more »
LIVE: Federal Reserve Chair Jerome Powell delivers remarks on US economyJerome Powell, chair of the Board of Governors of the Federal Reserve System, is set to discuss the current state of the U.S. economy at 12:30 p.m. Tuesday.
Read more »
Federal Reserve chair sees 'significant' inflation reduction in 2023He did not specify how many additional rate hikes he envisioned. But at a news conference last week, Powell had suggested that he envisioned “a couple” more.
Read more »