I feel that as soon as the existential threat easened with the splintering of the Soviet Union, the US started doing some self-harming libertarian flavored shit to itself.
In the 1980s, I assume getting rid of the "strategic reserve" of anything would have met more pushback, because of primal fear overriding greed.
"Current law (cira 2013) requires BLM to sell off the crude helium remaining in the Federal Helium Reserve in order to repay the U.S. Treasury the $1.3 billion debt incurred creating it. This debt will be repaid this fiscal year and that, as a consequence, the helium program will terminate at the end of the current fiscal year (October 1, 2013), absent Congressional action.
Currently, the Federal Helium Reserve supplies roughly 40% of domestic and 30% of global helium demand. Loss of access to the Federal Helium Reserve would result in significant disruptions to a large number of critical U.S. industries." https://www.energy.senate.gov/services/files/494b2f9e-c8f5-4...
The sale was completed in 2024.
I feel that as soon as the existential threat easened with the splintering of the Soviet Union, the US started doing some self-harming libertarian flavored shit to itself.
In the 1980s, I assume getting rid of the "strategic reserve" of anything would have met more pushback, because of primal fear overriding greed.
Wasn’t the original purpose of the strategic helium reserve to build fleets of zeppelins?
> We are going to do a terrible thing to you — we are going to deprive you of an enemy.
– Georgi Arbatov, Soviet political scientist, 1988
Yes, Reagan was noted for his desire to avoid privatization of anything. /s
Kidding aside, the US has had libertarian pipe dreams for the better part of its history. The aberration was the New Deal period up until the mid 60s.
For those who don't understand, Biden sold the Helium not Trump - he took office on Jan 20, 2025.
"Current law (cira 2013) requires BLM to sell off the crude helium remaining in the Federal Helium Reserve in order to repay the U.S. Treasury the $1.3 billion debt incurred creating it. This debt will be repaid this fiscal year and that, as a consequence, the helium program will terminate at the end of the current fiscal year (October 1, 2013), absent Congressional action. Currently, the Federal Helium Reserve supplies roughly 40% of domestic and 30% of global helium demand. Loss of access to the Federal Helium Reserve would result in significant disruptions to a large number of critical U.S. industries." https://www.energy.senate.gov/services/files/494b2f9e-c8f5-4...
Sounds like Obama kept the gas taps flowing, instead of locking it up because authorization to sell it had expired. Here is the whole record: https://www.congress.gov/bill/113th-congress/house-bill/527/...
> too far left wing
> biden
uhm...
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