Helium Crisis Update

As I mentioned in a previous article, the world has very limited supplies of helium.  The helium we have is close to irreplaceable and necessary for industrial and health-care applications.

Very recently, a discovery in Tanzania was announced of additional helium supplies.  There are perhaps 54 billion cubic feet of helium.  The world consumes 8 billion cubic feet per year so this gives the world an additional 6 years worth of the precious gas.  Considering that the U.S. has the world’s largest known reserves at 153 billion cubic feet, it’s a substantial addition.

Researchers find game-changing helium reserve in Tanzania

Power of Helium

British Columbia parade bans helium balloons