Very concerning, read the article and it said they have been working on this sale for a decade. But, I did not see why. Why are they selling it?
from the ‘analysis’ link:
“After serving as the world’s largest provider of helium for nearly a century, the U.S. government is close to bowing out of the market. Aiming to recoup costs, it began emptying its vast underground reservoir of the gas in the 1990s and has now put the whole federal helium system up for sale. Early next year, the government plans to unveil bids from potential buyers of the Amarillo, Texas, facility, which includes a distribution pipeline and the porous rock formation containing the remaining stores of helium—a substance used in everything from MRI machines to quantum computers to party balloons.””
It’s unusual for the government to unilaterally choose to unload assets for ‘cost cutting’ without ‘budget cut’ concerns.
Despite the quote above, I share the same concern (”Why?”).
it’s like a garage sale….. you’re spent all your savings, you’re refinanced the house spending all that money so now it sell everything else to further the “fundamental transformation of America”.