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As supply shrinks,
price of helium soars

Star-Telegram [Fort Worth, TX], by Anna M. Tinsley

Original Article

Posted By:Ribicon, 12/28/2012 1:04:05 AM

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: 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 6 - 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 7 - Posted by: M2, 12/28/2012 8:34:47 AM     (No. 9087167)

Funny, #2.

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Reply 8 - 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 9 - 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 10 - 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 11 - 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 12 - 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 13 - 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 14 - 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 15 - 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 16 - 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 17 - 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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