50 U.S.C. § 167f : US Code - Section 167F: Elimination of stockpile

Search 50 U.S.C. § 167f : US Code - Section 167F: Elimination of stockpile

(a) Stockpile sales
(1) Commencement
Not later than January 1, 2005, the Secretary shall commence
offering for sale crude helium from helium reserves owned by the
United States in such amounts as would be necessary to dispose of
all such helium reserves in excess of 600,000,000 cubic feet on a
straight-line basis between such date and January 1, 2015.
(2) Times of sale
The sales shall be at such times during each year and in such
lots as the Secretary determines, in consultation with the helium
industry, to be necessary to carry out this subsection with
minimum market disruption.
(3) Price
The price for all sales under paragraph (1), as determined by
the Secretary in consultation with the helium industry, shall be
such price as will ensure repayment of the amounts required to be
repaid to the Treasury under section 167d(c) of this title.
(b) Discovery of additional reserves
The discovery of additional helium reserves shall not affect the
duty of the Secretary to make sales of helium under subsection (a)
of this section.