On the recordNovember 1, 2017
Mr. Speaker, I yield myself such time as I may consume. H.R. 3279 would correct a problem in our Federal oil and gas leasing laws that makes it more difficult for companies to commercially produce helium from Federal lands. Helium is a critical element for high-tech research and modern medicine, and because of its unique properties, there are simply no substitutes. On the Natural Resources Committee, we have spent many years overseeing the Federal Helium Program, culminating in the bipartisan Helium Stewardship Act signed into law 4 years ago. While the Helium Stewardship Act improved the management and sale of Federal helium, it didn't do much to promote the development of new sources of helium, which are in high demand. By allowing companies to hold onto Federal oil and gas leases if they are producing commercial quantities of helium and only helium, then the problem that kept potentially valuable helium resources under lock and key is resolved. This is only one small step, but it is a very useful one. Mr. Speaker, I thank the sponsor of this legislation for introducing it. I urge my colleagues to support H.R. 3279, and I yield back the balance of my time.





