What is the new calculation methodology for open market helium?
The BLM researched helium prices in the Federal and private sectors. This research showed a possible price differential of about $10/Mcf of helium between the private sector and the Federal users, and the BLM based its price increase on that differential. BLM is requesting additional sales and tolling information as a precondition to the FY 2011 open market sale. This information will then be used for future price analysis.