This bill would amend the Mineral Leasing Act to require that land leased by the Dept. of the Interior for the extraction of helium would fall under the same lease terms as a federal oil and gas lease. Helium is a byproduct of the natural gas extraction process.
What is House Bill H.R. 3279?
Cost of House Bill H.R. 3279
In-Depth: Sponsoring Rep. Paul Cook (R-CA) introduced this bill to allow helium extraction from gas on federal lands under the same terms as gas and oil:
“Helium has become irreplaceable in our space, defense, and medical industries. Without this bill, we could become dangerously dependent on unstable foreign countries for our supply of helium. This bill encourages the development of American sources of helium and will boost both our national security and economy. I’m grateful to Chairman Rob Bishop and the Natural Resources Committee for moving this bill forward.”
The House Natural Resources Committee approved this bill by unanimous consent.
Of Note: According to the House Natural Resources Committee, the U.S. is the world’s largest supplier of helium ahead of Qatar, Algeria, and Russia. It cited political instability in Qatar and the upcoming closure of the Federal Helium Reserve in 2021 as necessitating steps to expand the U.S. helium supply. Helium serves as an essential element in technologies such as MRIs, air-to-air missile guidance systems; and semiconductors.
- Sponsoring Rep. Paul Cook (R-CA) Press Release
- House Natural Resources Committee Press Release
- CBO Cost Estimate
- The Morning Call
- Yucaipa Daily News
Summary by Eric Revell(Photo Credit: jcrosemann / iStock)
Helium Extraction Act of 2017
To amend the Mineral Leasing Act to provide that extraction of helium from gas produced under a Federal mineral lease shall maintain the lease as if the helium were oil and gas.
- Not enactedThe President has not signed this bill
- The senate has not voted
Committee on Energy and Natural Resources
- senate Committees
- The house Passed November 1st, 2017Passed by Voice Vote
Committee on Natural ResourcesIntroducedJuly 18th, 2017
- house Committees