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1 posted on 05/18/2019 12:23:48 PM PDT by EdnaMode
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To: EdnaMode

According to the article, Helium is sourced from natural gas fields … but few other details - Oh, and there is a discovery of a potential helium supply field in Tanzania … not much information ….


2 posted on 05/18/2019 12:34:20 PM PDT by Ken522
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To: EdnaMode

What? they didn’t blame Trump or global warming?


3 posted on 05/18/2019 12:35:44 PM PDT by I want the USA back (Islam, not a religion, a totalitarian political ideology aiming for world domination. -Wilders)
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To: EdnaMode

Every couple of years the MSM runs one of these “we’re running out of helium” stories.

At least when there’s a Republican in the Oval, they do.


4 posted on 05/18/2019 12:38:32 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: EdnaMode

Party City, isn’t that right next door to Spatula City.


5 posted on 05/18/2019 12:40:41 PM PDT by Licensed-To-Carry (MAGA, and build that wall.)
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To: EdnaMode
I remember back in the Reagan administration (I believe), the news was focused on the "Helium Reserve" as an example of government waste. It was apparently a massive, expensive storage warehouse for helium, and the administration shut it down because it had no strategic value, aside from supplying the military's dirigible fleet.

Now we come to find out that it is a critical substance? Uh ... I don't think so.

6 posted on 05/18/2019 12:47:08 PM PDT by IronJack
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To: EdnaMode
Well then maybe we shouldn't have done this

National Helium Reserve - Wikipedia https://en.wikipedia.org/wiki/National_Helium_Reserve The resulting "Helium Privatization Act of 1996" (Public Law 104–273) directed the Department of the Interior to start selling off the reserve by 2005. By 2007, the federal government was reported as auctioning off the Amarillo Helium Plant.

https://en.wikipedia.org/wiki/National_Helium_Reserve

Here's the Government Manual

Image and video hosting by TinyPic

8 posted on 05/18/2019 12:49:10 PM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: EdnaMode

The problem is that Helium is a commodity, but it is managed by the US government - where have we heard this before. The US government Bureau of Land Management - where did I hear that name before - operates a thing called the National Helium Reserve and has historically set Helium prices at level required to repay the debt on building the facility. There are now moves to privatize this and in the process the NHR has in the last few years been auctioning off Helium in tranches. Prices have been rising. In the 2019 auction all tranches were bought by one purchaser thus creating a high priced private monopoly vs a low priced public monopoly.

It will take a number of years for this to settle out. The problem of course is that He production is largely from extraction from natural gas, but it must be extracted and stored, which is expensive - and at the old pre auction rate the price was too low to recover such costs.

With the government out of the business of setting the price for a commodity (remember Nixon, Carter price controls rationing and gas lines) there is some hope for some more reasonable stability as production investment, supply and demand are brought into some sort of alignment by the market process.


13 posted on 05/18/2019 12:56:37 PM PDT by AndyJackson
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To: EdnaMode

Not to worry. Once the Chinese get their fusion reactors going there will be an endless supply of helium.

“The direct “waste products” are Helium-4 and the neutron. The Helium-4 is nothing to be concerned about - it’s ordinary stable Helium.’

Reference https://www.physicsforums.com/threads/nuclear-fusion-waste-products.121166/


21 posted on 05/18/2019 1:05:01 PM PDT by antidemoncrat
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To: EdnaMode

It’s much more fun to fill balloons with water.


22 posted on 05/18/2019 1:07:04 PM PDT by bgill (when you badmouth women, you are badmouthing your mama and the good women on FR)
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To: EdnaMode

Helium actually is a commodity/resource that should be conserved. Unlike old growth redwood, helium doesn’t grow on trees, and is a vital strategic resource for high tech and military. We got cocky with billions of cubic feet of the stuff sitting on salt domes accumulated over millions of years ripe for the taking, but now it’s getting scarce, and no, the chinese ain’t coming to the rescue.


27 posted on 05/18/2019 1:14:40 PM PDT by SpaceBar
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To: EdnaMode; All
Well, the answer is obvious. All we have to do is burn Hydrogen in the presence of Oxygen, since H + 2 O's = H2O, and Helium is twice as heavy as Hydrogen, which is what H2O means. Problem solved. Boy, are you conservatives stupid.

/ liberal science explanation, "We're the party of science"

31 posted on 05/18/2019 1:27:15 PM PDT by Hardastarboard (Three most annoying words on the internet - "Watch the video")
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To: EdnaMode

Magnets supercooled with Helium is what makes MRIs work ...


43 posted on 05/18/2019 2:16:13 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: EdnaMode

Plenty of He around Jupiter.


46 posted on 05/18/2019 2:46:36 PM PDT by fruser1
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To: EdnaMode

Helium is a by-product of hydrogen. Hydrogen is the most abundant fuel in the universe. The Sun converts billions of cc’s of hydrogen into helium virtually every second. I think we could figure something out about doing that here on Earth. Call AOC. She’s a genius on all thing related to climate science.


48 posted on 05/18/2019 3:15:12 PM PDT by jmacusa ("The more numerous the laws the more corrupt the government''.)
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To: EdnaMode

It’s not just the cold, liquid helium also ‘magically’ transfers quantum properties, both necessary to making superpowered supercooled magnets.

Each MRI machine takes enough helium to fill about 56,000 party balloons. And there’s about 50,000 MRI machines in the world. Makes for about 3 billion balloons worth of helium. Not enough for even half the people on earth to have one balloon on their next birthday.

Save the MRI machine! Ban birthdays!


49 posted on 05/18/2019 3:16:06 PM PDT by Paal Gulli
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To: EdnaMode

Not this sh@# again? As long as parents can keep paying for balloons for their kids, there is no shortage.


61 posted on 05/18/2019 4:47:32 PM PDT by fini
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To: EdnaMode

69 posted on 05/18/2019 6:16:20 PM PDT by Phillyred (Kieran Hussie)
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To: EdnaMode

Party City could always switch to hydrogen. Kids’ parties would be way more interesting.

Helium has been one of the primary shielding gases used in welding. Lots of fabrication now done with argon instead because of the ongoing helium shortage.


72 posted on 05/18/2019 9:01:46 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: EdnaMode

When aren’t scientists concerned about their made up crap? The only thing that really scares them is government getting smart and cutting off their funds for their made up crap!


73 posted on 05/18/2019 9:16:46 PM PDT by Bommer (Help 2ndDivisionVet - https://www.gofundme.com/mvc.php?route=category&term=married-recent-amputeca)
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To: EdnaMode

Bookmark


78 posted on 11/27/2019 12:21:34 AM PST by BunnySlippers (I love BULL MARKETS!)
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