Posted on 02/18/2022 10:57:35 AM PST by SaxxonWoods
A dramatic – and potentially lucrative – scenario may now be unfolding in the markets for one of the most overlooked natural resources on the planet.
This essential commodity – helium – is used to drive innovation for many of the world’s biggest tech companies...and it is needed to help manufacture everything from medical equipment to computer chips.
Yet despite its critical importance – and growing demand – a potentially crippling lack of supply has put us on the brink of a critical shortage.
This supply-demand imbalance has triggered a fast-moving growth opportunity for any exploration and development company that can show potential for significant new helium discovery.
(Excerpt) Read more at oilprice.com ...
We did
It was so the USA would always be able to fill their fleet of blimps in times of war.
Eventually someone figured out we didn’t have any blimps and congress got rid of it.
Why do those companies need helium?
Uh oh. Turns out Helium is stripped out of natural gas. Less natural gas production means less Helium production. Wonder how the Climate Change crowd’s gonna reconcile this unfortunate turn of events.
I work at a chemical refinery. We make fatty acids and glycerin and a few other things. We use a ton of helium. The price has climbed significantly in the last 3 years.
Sometime in the future we will harvest it from fusion reactors.
can we harvest it from cold fusion? Has anyone seen kevmo?
Helium is the 2nd most abundant element in the universe. Unfortunately not much is found in rocky planets.
Helium is mined where natural gas and other petroleum reserves are found.
“Why do those companies need helium?”
I’m guessing for its cooling capacity.
((high-pitched voice)) I didn’t take any. Honest.
Also inert atmosphere.
So they can talk funny at company Christmas parties.
I’m not sure on cold but the result of fusing hydrogen is helium.
“Helium is mined where natural gas and other petroleum reserves are found.”
Wikipedia says natural gas can contain up to 7% helium.
Like Argon (constitutes 1% of the Earth's atmosphere) and Neon (and Xenon and Radon).
Regards,
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