Hot Air in Washington, D.C., Might Keep Helium Supply Afloat
Tuesday, May 7, 2013 - 16:30
in Physics & Chemistry
US lawmakers have taken a significant step towards averting a global crisis in helium supply, thanks to a bill passed by the House of Representatives on 26 April. If it passes the Senate and becomes law, the bill would delay the imminent closure of the world’s only strategic helium reserve. It would also increase the price of the gas from the reserve, so helium-dependent researchers and industry could still face ballooning costs. However, the prospect of higher prices is encouraging the development of new helium sources in Qatar and Russia, which may ultimately lead to a more stable helium market. [More]