Congress Approves Bill to Avert Helium Shortage
Posted at: 09/26/2013 4:57 PM
| Updated at: 09/26/2013 4:58 PM
WASHINGTON (AP) - Congress has moved to avert an impending shutdown of the federal helium reserve, a key supplier of the lighter-than-air gas used in a products ranging from party balloons to MRI machines.
The Federal Helium Program, which provides about 42 percent of the nation's helium from a storage site in Texas, was set to shut down Oct. 7 unless lawmakers intervened. Closing the reserve could cause a worldwide helium shortage.
The Senate unanimously approved a bill extending the helium reserve on Thursday, a day after the House approved the measure, also unanimously. The bill now goes to the president.
The measure includes a $329 million, one-year extension of a federal subsidy for timber-dependent counties, mostly in the West. Oregon would get $100 million.
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