Helium Energy Act of 1980

[AI summary unavailable — showing source text] Helium-Energy Act of 1980 - Title I: Helium-Energy Provisions - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy to establish a National Helium Reserve for the storage of helium to assure that in the public interest and for national security purposes adequate supplies of helium are available for future energy efficiency and conservation purposes. Provides that the Reserve shall consist of: (1) helium owned by the United States prior to enactment; (2) helium purchased by the Secretary with consideration of not more than one dollar per thousand cubic feet and a right to repurchase from the Reserve the quantity of helium sold; (3) helium extracted in plants owned or operated by the Secretary; and (4) helium acquired by the Secretary pursuant to the Secretary's authority under this Act to acquire helium in the event that storage goals for the reserve are not met. Directs the Secretary, in relation to any helium extraction plant from which the extraction of helium is economically feasible, to enter into an agreement with the owner of the plant to: (1) operate the plant and sell the helium to the Secretary; or (2) permit the Secretary, provided the owner is…