US Government Faces Concerns Over Sale of Federal Helium System
- Nov 6, 2023
- 5 min read
The US government is facing challenges as it plans to sell its entire federal helium system, including the Amarillo, Texas, facility, distribution pipeline, and remaining helium stores. Concerns have been raised by industry groups and scientists about potential disruptions to helium supplies and price increases. The government's decision to sell the helium reserve, historically used to stabilise the market, is met with criticism, with calls for a pause and a potential 3-year delay. We expect the sale to proceed as planned and see little impact on the helium market especially as the reserve is no longer used as a buffer for the market.