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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 ...
To ensure that the revenue from future sales would amortize the cost, the Secretary of the Interior raised the price of high purity helium from $12 per thousand cubic feet to $35. [1] [4] This price jump was an incentive for private companies to enter the market and sell helium at lower prices.
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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 ...
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
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.
In addition to physiological disadvantages, the use of trimix also has economic and logistic disadvantages. The price of helium increased by over 51% between the years 2000 and 2011. [11] This price increase affects open-circuit divers more than closed-circuit divers due to the larger volume of helium consumed on a typical trimix dive.