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baldeagleyesterday at 2:35 PM3 repliesview on HN

BLM was required (to sell it) by Congress in the Helium Stewardship Act of 2013, as the alternative was to not offer any H to the market due to the authorization to sell expiring. Sponsored by a Republican and passed basically unanimously with the proceeds used to pay of the debt (back when we cared about that)


Replies

robmccollyesterday at 6:21 PM

The idea of selling things like our strategic helium supply for $460M to "pay off the debt" would be like me selling bricks from the foundation of my house for a penny to "pay off my mortgage".

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Noumenon72yesterday at 6:24 PM

Wouldn't another alternative be to renew the authorization to sell? This doesn't seem much different from just deciding to sell it.

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dnauticsyesterday at 2:46 PM

thanks obama?