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.