Posted by The Famous Grouse on May 09, 2019 at 08:42:48 from (71.34.12.37):
In Reply to: A nobile gas. posted by Jeffcat on May 09, 2019 at 00:51:13:
Quoting Removed, click Modern View to see
The government has nothing to do with the current shortage and high prices.
The US government's involvement in helium was that it held a large strategic reserve and at different times limited the export. This was often pointed to as an example of government waste because idiots and the media thought the only reason for holding all this helium was to fill airships that were obsolete by the 1950s. In fact the main reason for holding all the helium in reserve was for it's many other millitary, space exploration, and industrial uses. In many industrial uses, helium has no known substitute. Since we held most of the world's helium supply, we could limit the Soviet's ability to use it for millitary hardware production. So it made sense to keep the production and distribution under tight control.
So the government caved to public pressure and sold off more than half of the stragetic reserve in the 1990s. The US government does not control production or limit it except there are certain export restrictions to countries like North Korea, where it is known that Kim Wang Chung loves party baloons.
Helium demand has been rising year on year for decades. The current shortage is a rishing demand vs supply production issue, most industrial helium is produced as a result of a decaying uranium reaction, the helium must then be harvested, blended, and compressed. It is a slow process and difficult to ramp up to meet the current level of demand.
So no, it isn't the government choking off the supply.
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