Free Republic

Deflating security: Biden sells federal helium reserve, threatens us industries… National security on the line as critical element supply diminishes. In a surprising turn of events, the U.S. government has auctioned off the Federal Helium Reserve, a subterranean treasure in Amarillo, Texas, responsible for supplying up to 30% of the nation’s helium needs. This critical element is indispensable in medical technologies, cryogenics, semiconductors, and even rocket propulsion systems.

A new find of underground helium in Minnesota could turn out to be one of the largest in the world, Minneapolis’s WCCO-TV reported Thursday. The drill site, just outside Babbitt in the northeastern part of the state, took about a month from initially breaking ground to get to a depth of 2,200 feet. What it found there, Pulsar Helium CEO Thomas Abraham-James called “a dream.” “There was a lot of screaming, a lot of hugging and high fives. It’s nice to know the efforts all worked out and we pulled it off,” Abraham-James told WCCO. He said that the concentration...