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Topic: As supply shrinks, price of helium soars |
As supply shrinks, price of helium soars
Star-Telegram [Fort Worth, TX], by Anna M. Tinsley
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Original Article
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Posted By:Ribicon, 12/28/2012 1:04:05 AM
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| Francey Freeman has seen the cost of doing business go sky-high. Prices for buying helium to fill balloons and rental tanks at her Balloons Fantastique in Fort Worth have dramatically increased in the past year, because of a worldwide shortage of the lighter-than-air gas.(Snip) Texas is home to the country´s only Federal Helium Reserve, a site outside Amarillo where more than one-third of the world´s helium supply is produced, and the federal government has worked for years to deplete that supply. Congress more than 15 years ago created a law requiring reserve officials to sell off
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Reply 1 - Posted by:
NYbob, 12/28/2012 1:21:11 AM (No. 9086952)
Wasting a vital high tech gas on balloons is stupid, but expecting the pandering lawmakers in DC to protect this rare, strategic, American resource, is worse. Helium needs better lobbyists.
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Reply 2 - Posted by:
Topic Thunder, 12/28/2012 2:22:50 AM (No. 9086962)
This will be a serious obstacle to my plan to launch myself into the stratosphere in a lawn chair.
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Reply 3 - Posted by:
chumley, 12/28/2012 2:40:55 AM (No. 9086963)
The article talks about setting "fair prices" and making sure everyone gets a "fair share". Can we never escape the concept that government is somehow more fair than a free market? Blasted communists are even into gasses.
Its most important use is never even mentioned. If you inhale it, it makes you talk funny.
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Reply 4 - Posted by:
Spidey, 12/28/2012 3:54:35 AM (No. 9086979)
Widely used at liberal´s parties since they have no real sense of humor,they have to falsify it,like everything else they do.
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Reply 5 - Posted by:
srhcb, 12/28/2012 5:49:15 AM (No. 9087010)
I´ve noticed the absence of high, squeaky voices recently.
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Reply 6 - Posted by:
kanphil, 12/28/2012 7:41:24 AM (No. 9087093)
Helium is plentiful on the Sun, but Obama has already announced that he will kill plans for a pipeline to Earth.
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Reply 7 - Posted by:
franq, 12/28/2012 8:15:50 AM (No. 9087141)
Gubmint wants to control the price of, and access to, everything. My son needed a battery for his car yesterday and I was stunned at the price. Parts store guy says they have doubled in the last three years and he was right. I asked why, and he replied that I wouldn´t want to hear his political views....
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Reply 8 - Posted by:
M2, 12/28/2012 8:34:47 AM (No. 9087167)
Funny, #2.
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Reply 9 - Posted by:
ocjim, 12/28/2012 9:16:55 AM (No. 9087241)
#2, Already been done... but you knew that. ;) http://www.darwinawards.com/stupid/stupid1998-11.html
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Reply 10 - Posted by:
jsulman, 12/28/2012 9:25:33 AM (No. 9087256)
I paid $135 for a new battery for my Honda Civic. $10 was for installation. I was shocked at the price.
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Reply 11 - Posted by:
TNvolunteer, 12/28/2012 9:35:44 AM (No. 9087268)
I became aware of this about four years ago. NASA uses a lot of it and has had concern over this for years. This can cause a lot of disruption in many industries but will also stimulate innovation.
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Reply 12 - Posted by:
HPmatt, 12/28/2012 9:53:28 AM (No. 9087305)
US had trillions of mcf of this in storage near Amarillo - prolific byproduct in gas fields near there. Nixon decided to let it go because there was no use for it. Once released it escapes the atmosphere into outer space....
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Reply 13 - Posted by:
Aunt Agnes, 12/28/2012 9:53:32 AM (No. 9087306)
One of my late relatives had land holdings in the area close to those fields. When she & her husband started out farming in the thirties, lots of their friends & neighbors gave up on ranching & farming & sold out. Her husband had a hunch that if they stayed put & bought up land that someday there would be oil & gas exploration. He was right & died rich. His widow lived very well for many years on what she called her "gas" checks.
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Reply 14 - Posted by:
Salt5792, 12/28/2012 10:42:00 AM (No. 9087406)
Helium gap!!! We´re all gonna die!!! /s
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Reply 15 - Posted by:
LanieLou, 12/28/2012 11:15:53 AM (No. 9087461)
Under a capitalist admin., this would be a huge money maker... sell the operation to a private sector, who can resell it to the world!
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Reply 16 - Posted by:
Okie 52, 12/28/2012 11:18:01 AM (No. 9087468)
Silly article focused on party balloons. More importantly, we should know more about the 1996 law that "required" the Federal Helium Reserve to be depleted. What kind of short-sighted boondoggle was this? It sounds insane - so more information would have been appreciated about it rather than the price of party balloons or Danny Deckchair (my son-in-laws favorite movie). See http://en.wikipedia.org/wiki/Danny_Deckchair
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Reply 17 - Posted by:
Bazi, 12/28/2012 1:39:09 PM (No. 9087687)
The lighter side of helium & a blast from the past. When my son was in college , he introduced me to the morose Swedish playwright via,"August Strindberg and Helium": Helium of course symbolizing levity. For an amusing diversion http://www.strindbergandhelium.com
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Reply 18 - Posted by:
drkillj0y, 12/28/2012 3:22:06 PM (No. 9087795)
http://en.wikipedia.org/wiki/Helium
"In 2008, approximately 169 million standard cubic meters (SCM) of helium were extracted from natural gas or withdrawn from helium reserves with approximately 78% from the United States, 10% from Algeria, and most of the remainder from Russia, Poland and Qatar."
Basically, the USA is the primary supplier of Helium to the planet and we´d been giving it away through the Helium Privatization Act of 1996.
http://en.wikipedia.org/wiki/National_Helium_Reserve
It´s time we jack up the exportation price of He by a couple of thousand percents.
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