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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.'"

2 of 362 comments (clear)

  1. All things in DC rise with taxes by zazenation · · Score: 0, Troll

    What this seems to say is that the price of helium has historically been inversely proportional to the televised quantity of hot air generated by Washington pols. Now they're changing the rules so it is directly proportional to Washington gas emissions. This includes all gases generated by any Washington orifice -- lighter than air or not...

  2. Re:Someone owns stocks in major helium producers by roman_mir · · Score: 1, Troll

    well, as long as the 'psychopaths' can defend themselves from such attempts at apparently taking their stuff away, they'll be fine. Also why does it seem to me that you are defining people with means as psychopaths?

    Yet another question is: what's the reason to live at all, if you can't abuse a few people, at least a little and more importantly what's the reason for an entire humanity to live if it can't make it possible for at least some specimens to enjoy all that life has to offer to the fullest extent possible?

    And finally don't you mean 'sociopath'?