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Price Shocks May Be Coming For Helium Supply

Ars has an update on the potential helium shortage we discussed a couple of years back. A Nobel laureate, Robert Richardson, argues for ending market distortions that are resulting in an artificially low price for helium, which is accelerating the projected exhaustion of the supply. "Richardson's solution is to rework the management of the Bush Dome [so named for reasons that have nothing to do with the politician] stockpile once again, this time with the aim of ensuring that helium's price rises to reflect its scarcity. In practical terms, he said that it would be better to deal with a 20-fold increase in price now than to deal with it increasing by a factor of thousands in a few decades when supply issues start to become critical. But he also made an emotional appeal, stating, 'One generation doesn't have the right to determine the availability forever.'"

15 of 362 comments (clear)

  1. No Problem by LBArrettAnderson · · Score: 4, Funny

    This isn't an issue... all we need to do is send some blimps up to collect all of the balloons that kids accidentally let fly away.

    1. Re:No Problem by Arthur+Grumbine · · Score: 4, Funny

      All we need to do is make nuclear fusion work.

      This is why this is a non-story. I have it from a very reliable source that practical nuclear fusion is only 20 years away. I spoke to my father and grandfather, and they assured me that this estimate was time-tested, and therefore, reliable.

      --
      Now that I think about it, I'm pretty sure everything I just said is completely wrong.
  2. No problem in the long term by syousef · · Score: 1, Funny

    In the long term disney characters will finally be out of copyright and will no longer be popular. So we won't need helium to make those zany character voices. Better to use it now while the characters are still popular. That is the only use for helium right? Science? Pah, what's that!?

    --
    These posts express my own personal views, not those of my employer
  3. Do you hear that? by Adrian+Lopez · · Score: 5, Funny

    It's as if a million chipmunk voices suddenly cried out in terror and turned into baritones.

    --
    "In prison you just have to shut your eyes and take it. Here you have to shut your eyes and give it."
  4. I RTFA and... by martyb · · Score: 3, Funny

    I RTFA and am pleased to report that it was *really* light reading! ;)

  5. Re:Lets mine the Moon! by countertrolling · · Score: 5, Funny

    The moon? There's lots more in the sun. Just stick a big straw into it and drain it out. Just don't let BP do it. They'll blow out a big hole and the thing will fly off like a balloon.

    --
    For justice, we must go to Don Corleone
  6. Re:Lets mine the Moon! by swb · · Score: 5, Funny

    Mom, why is dad such a boring, sanctimonious pain in the ass?

  7. I found the solution by ckedge · · Score: 2, Funny

    1. Bottle helium
    2. ...
    3. Profit

    FUCK YEAH.

  8. Re:Killing Brain Cells to end soon by Zerth · · Score: 2, Funny

    In the future, we'll do the trick with sulfur hexafluoride instead.

    At least until enough kids suffocate.

  9. Re:Health care impact by Anonymous Coward · · Score: 1, Funny

    Only if you don't mind the highly exothermic reaction between the two gases causing the human to explode. Oh, the Hindenburgity!

  10. Re:Lets mine the Moon! by Bman21212 · · Score: 3, Funny

    I have no problem seeing BP sent into the sun

  11. Re:Someone owns stocks in major helium producers by haruchai · · Score: 5, Funny

    You named your ass Insightful? Or is it really the source of your insight? That would explain many of the Anonymous Coward postings I've seen
    over the years.

    "Ladies & Germs, I'd like to introduce Insightful, my ass"

    --
    Pain is merely failure leaving the body
  12. There's an inexhaustible supply just 1 AU away by mykos · · Score: 3, Funny

    But you have to harvest it from a giant fusion reactor with the biggest gravity well in the solar system

  13. Re:I can't wait... by Thing+1 · · Score: 2, Funny

    The actual reason He is the second most abundant element in the universe [...]

    Now, that's just freaky. I mean, not that I believe all the religious clap-trap, but my cousin is certain that "God is everywhere", and is now rather painfully confused as to what could possibly be more everywhere than the sky fairy he refers to as "He".

    --
    I feel fantastic, and I'm still alive.
  14. Land of Oz by SoundGuyNoise · · Score: 2, Funny

    Doesn't the Lollipop Guild have representatives to handle this kind of financial crisis?

    --
    You never expect irony, do you?
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