CSPAN Public Affairs April 25, 2013
for helium increased dramatically and so congress passed the helium act in 1960. to provide incentives for the private natural gas industry to sell helium to the government which then which then placed it in the federal helium reserve, which led to a supply large enough to supply all of the u.s. federal and domestic needs as well as the ability to sell some overseas. in 1960, legislation required that the federal government set prices on the sale the helium which would cover the costs of the federal government for its purchase and storage. since the 1990's, the federal demand for hel...
Source: archive.org