On May 7, 2013, the Senate Committee on Energy and Natural Resources held a hearing to discuss the proposed Helium Stewardship Act of 2013 (S. 783) which was introduced on April 23, 2013 by Chairman Ron Wyden (D-OR) and Ranking Member Lisa Murkowski (R-AK).
During the hearing, Wyden, Murkowski, and the witnesses emphasized the urgent need to address the impending early closure of the Federal Helium Reserve in October 2013, which would cut off 42 percent of the domestic and 35 percent of the global helium supply.