ABSTRACT

Serial No. 103-26: Federal Helium Program, Oversight Hearing Before the Subcommittee on Energy and Mineral Resources of the Committee on Natural Resources, House of Representatives, One Hundred Third Congress, First Session on the Administration of the Federal Helium Program, May 20, 1993   [open pdf - 5MB]

This is the May 20, 1993 hearing titled "Federal Helium Program," held before the U.S. House Subcommittee on Energy and Mineral Resources of the Committee on Natural Resources. From the opening statement of Richard H. Lehman: "Currently, 32 billion cubic feet of helium is stockpiled in an underground dome northwest of Amarillo, Texas. Meanwhile, the helium debt has risen to $1.4 billion, most of which is interest. Although required to refund this debt by 1995, there is no prospect of repayment. According to a 1992 report by the GAO [Government Accountability Office], many of the conditions which prompted Congress to act in 1960 have changed. For example, a strong private helium industry has emerged that could meet federal need in the absence of the federal program. Both the GAO and the Inspector General of the Department of the Interior have supported reform of the Helium Program. In light of such recommendations, and in consideration of several bills pending before this Subcommittee which would modify or eliminate the program, not to mention calls from public interest groups such as the Taxpayers Union to sell off the program, it is appropriate that the Subcommittee take a good, hard look at the Federal Helium Program to determine whether it remains a viable, necessary function for the federal establishment." Statements, letters, and materials submitted for the record include those of the following: Bill Sarpalius, James Duffus III, Joyce N. Fleischman, and Hermann Enzer.

Report Number:
Serial No. 103-26
Publisher:
Date:
1993
Copyright:
Public Domain
Retrieved From:
U. S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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