mvwicker
Gold Member
The US Helium production/storage initially was setup to primarily for war time use in blimps and airships in early part of the last century. Germany did not have the ability to product enough HE for Zeppelins so they had to use Hydrogen since the US would not sell HE to Germany. Companies will eventually start producing HE when they can make money off the gas. I don't think we are going to run out of HE because the US government stops subsidizing HE production/storage. Even the link says we have a 25 year reserve. When the reserve is down to 5 years, then start worrying. :laughing: We have bigger problems that need attention NOW.
Later,
Dan
Good point. When the world's He supply drops below a certain point we will start looking for more. The stuff has certainly accumulated elsewhere underground.
This is like the alarm over the world's 40-year supply of proven petroleum reserves, which has been the case since at least the 1970s. We will continue to have a 40-year supply because it is not profitable to explore for oil if the proven reserves are too abundant, but when they drop too low it is worthwhile to search for more.