[HN Gopher] The Federal Helium reserve is for sale
       ___________________________________________________________________
        
       The Federal Helium reserve is for sale
        
       Author : pontifier
       Score  : 215 points
       Date   : 2023-09-05 13:47 UTC (9 hours ago)
        
 (HTM) web link (www.gsa.gov)
 (TXT) w3m dump (www.gsa.gov)
        
       | roschdal wrote:
       | I need this for my Zeppelin airship startup. How can I buy this?
        
         | stjo wrote:
         | Do you actually have an airship startup? What are the
         | challenges you are facing? Do you need software engineers or
         | funding?
        
           | function_seven wrote:
           | Doesn't need a runway, that's for sure.
        
           | tonymillion wrote:
           | The great thing about an Airship startup is that there's no
           | worries about "up and to the right" growth.
           | 
           | It's mostly just up, and any direction you want to go.
        
           | throwawee wrote:
           | Zeppelins are just a bubble.
        
       | yinser wrote:
       | I'm appalled they didn't loop in the HN community when
       | considering the sale of Helium.
        
       | dwighttk wrote:
       | Maybe dollar tree can start selling helium balloons again
        
       | anovikov wrote:
       | Average concentration of helium in natural gas is 0.05%, anywhere
       | from 0.01% to 7%. U.S. proven reserves of natural gas contain
       | over 10 billion cubic meters of helium even when simple
       | extraction methods (that capture about 1/3 of it), are used.
       | Problem is exaggerated.
        
         | joelthelion wrote:
         | Most of that natural gas should stay under the ground if we
         | want to somewhat mitigate climate change...
        
           | blooalien wrote:
           | Now we just gotta convince our rich overlords that _life_ is
           | more important than more money for the rich. That shouldn 't
           | be too hard to accomplish, yeah?
        
             | bonestamp2 wrote:
             | That's part of it. But electricity is still expensive, so I
             | don't see a lot of people wanting to switch their natural
             | gas heating and cooking to electricity anytime soon. We
             | need a massive investment in nuclear and solar to bring
             | down the cost of electricity.
        
           | mikrotikker wrote:
           | Given that fossil fuels have allowed artificial expansion of
           | the human population that would be sentencing large swathes
           | of people to death.
        
           | BurningFrog wrote:
           | You can always pump it back after extracting the helium.
        
             | Retric wrote:
             | That requires you to store a frankly insane volume of gas.
             | 
             | It might happen, but only at vastly higher helium prices.
        
         | istjohn wrote:
         | I'd like to think we won't have any use for natural gas in the
         | not-too-distant future.
        
           | jhj wrote:
           | It's an important feedstock for producing a wide variety of
           | chemicals, and will likely continue being so.
        
           | njarboe wrote:
           | I'd guess that by the time we are not extracting natural gas
           | it will be economical to source Helium from Jupiter's
           | atmosphere.
        
           | [deleted]
        
           | happytiger wrote:
           | Why would you think that's likely?
        
           | jonlucc wrote:
           | Hank Green just posted a video about this recently, and he
           | addresses this. In the past, helium was extracted alongside
           | natural gas, but there is no reason the two need to be
           | linked. As natural gas prices go down and helium prices go
           | up, it makes sense to drill helium pockets only for the
           | helium, and there are a few operations to do exactly this
           | underway.
        
       | Caligatio wrote:
       | Tom Scott did a video on the National Helium Reserve a few years
       | back: https://www.youtube.com/watch?v=mOy8Xjaa_o8
        
         | aylmao wrote:
         | Huh, the video does mention they were in the process of
         | privatizing it (at around 4:10 [1]) planning to be "stepping
         | out of the helium activity and transferring it to private
         | entities" by 2021 (guess it got delayed due to COVID?).
         | 
         | The Wikipedia page for the Helium Act of 1925 [3], which
         | created the National Helium Reserve, does mention USA was the
         | only important source of helium at the time, and amongst other
         | things the act banned Helium exports. Given the rarity of
         | Helium, this sounds like a good idea.
         | 
         | This privatization effort seems to be part of the Helium
         | Privatization Act of 1996 [2], passed under Bill Clinton, and I
         | couldn't quickly find any reasoning for its implementation
         | (perhaps I'm not Googling the right question?). I wonder why
         | they decided it'd be better to privatize it, considering the
         | USA (at least as of 2018) still accounted for over half of
         | worldwide helium exports [4]. It does still sound like a
         | strategic and rare resource worth keeping under tight control,
         | IMO.
         | 
         | [1] https://youtu.be/mOy8Xjaa_o8?si=hMt24B9FMyy-TSBI&t=250
         | 
         | [2]
         | https://en.wikipedia.org/wiki/Helium_Privatization_Act_of_19...
         | 
         | [3] https://en.wikipedia.org/wiki/Helium_Act_of_1925
         | 
         | [4]
         | https://www.sciencedirect.com/science/article/pii/S235248472...
        
           | [deleted]
        
       | nico wrote:
       | Not saying this is what's happening here, but this is a typical
       | way in which corrupt government/politicians make bank
       | 
       | They sell hugely valuable public assets to some private entity,
       | which then sells it back (or lease or rent) to the government
       | over the years, at a huge premium
       | 
       | There are usually some kickbacks, and/or indirect ownership
       | through partners/shell companies involved
        
         | [deleted]
        
         | MagicMoonlight wrote:
         | Yeah there's literally no reason to ever sell something like
         | this. It's like selling all of the missiles. Oh now we need
         | missiles, guess we'll need to buy them from the new private
         | missile reserve.
         | 
         | They've done this with a lot of things in the UK and now we
         | have crumbling buildings and billionaire politicians.
        
         | cvoss wrote:
         | The current auction is part of a sale that has been in the
         | works since 1996. If something untoward is happening, the
         | public eye has had two and a half decades to spot it and
         | correct it. And the eye has been on it; indeed, the mechanics
         | of the sale were revisited and improved ten years ago.
         | 
         | [1]
         | https://en.m.wikipedia.org/wiki/Helium_Privatization_Act_of_...
        
           | nico wrote:
           | That's great, glad to know there's been plenty of scrutiny
           | over this
           | 
           | At the same time, we've had regulatory capture in a bunch of
           | industries for decades and it seems there isn't much the
           | public can really do about it
           | 
           | The public being able to see what's going on, for
           | months/years/decades doesn't necessarily mean they are ok
           | with it, it might just mean they are powerless
        
       | gumby wrote:
       | I guess they haven't yet realized that those room temperature
       | superconductors were a flop.
        
         | arrowsmith wrote:
         | Um, doesn't the lack of room temperature superconductors mean
         | we need more helium, not less?
        
           | gumby wrote:
           | Exactly, so we still need the strategic reserve. They
           | shouldn't sell it off.
        
         | [deleted]
        
       | civilitty wrote:
       | In case anyone was wondering, the (refundable) fee to submit a
       | sealed bid is $5 million.
        
       | daneel_w wrote:
       | But why? Have they found new gigantic pockets of natural gas rich
       | with helium? Or some scientific breakthrough allowing it to be
       | produced radiologically?
        
         | [deleted]
        
         | Jiro wrote:
         | This has nothing to do with selling off the reserve, but they
         | have found new resources, see
         | https://www.cnn.com/2016/06/28/africa/helium-discovery-tanza...
         | . This one expects to start producing in 2025 (according to
         | more recent articles).
        
           | fnordpiglet wrote:
           | > The team estimates that just one part of the reserve in
           | Tanzania could be as large as 54 billion cubic feet (BCf),
           | which is enough to fill more than 1.2 million medical MRI
           | scanners.
           | 
           | > "To put this discovery into perspective, global consumption
           | of helium is about 8 billion cubic feet (BCf) per year and
           | the United States Federal Helium Reserve, which is the
           | world's largest supplier, has a current reserve of just 24.2
           | BCf," said University of Oxford's Chris Ballentine, a
           | professor with the Department of Earth Sciences.
           | 
           | I'd note this is only enough for 7 years of consumption. I'm
           | not sure what kind of game changer that is.
        
         | lo_zamoyski wrote:
         | Indeed: why? I suspect the answer is likely to be something
         | worryingly banal, like "we're in debt" (or, "private interest
         | knows a guy who wants to make some money"). Economies run on
         | state-sponsored usury don't tend to last.
        
           | notatoad wrote:
           | >I suspect the answer is likely to be something worryingly
           | banal, like "we're in debt" (or, "private interest knows a
           | guy who wants to make some money")
           | 
           | wikipedia has the answers. tl;dr it sounds like both of those
           | things: the reserve was in debt and was depressing the market
           | for helium.
           | 
           | https://en.wikipedia.org/wiki/National_Helium_Reserve
        
             | jquery wrote:
             | Ugh, it is criminal how short-sighted this is. Helium is
             | not easy to replace nor easy to store long term, it's the
             | perfect application for government ownership of a
             | commodity, _just in case we need it_.
        
               | Paul-Craft wrote:
               | Absolutely. And "in case we need it" is for stuff like
               | cryogenics ( _e.g._ MRI machines), and deep sea diving,
               | not bullshit like party balloons.
        
             | cvoss wrote:
             | Actually, the existence of the reserve was not depressing
             | the market. The _sell off_ of the reserve, which was
             | mandated in 1996 and began in 2005, was depressing the
             | market. The sale was modified in 2013 to try to relieve the
             | market flooding issue. The present auction is the final
             | piece of the sale.
        
             | mrguyorama wrote:
             | >the reserve was in debt
             | 
             | A public service (which is what a federal stockpile _IS_ )
             | cannot be in dept.
             | 
             | Can't wait until "fiscal responsibility" types are trying
             | to sell off the justice department to the highest bidder
             | because it "is in debt"
        
           | bostonsre wrote:
           | Anyone know how much it costs to maintain the reserve
           | infrastructure? Do they have facilities that need to be
           | staffed to keep an eye on it or is do they just need to just
           | have perimeter security?
        
       | mnemotronic wrote:
       | I thought I heard that once the helium is gone, it's gone. We
       | can't make it; we can't pump any more out of the ground. That
       | would seem to be a hard-stop. Is that really the kind of resource
       | we want to turn over to capitalists; who are driven primarily by
       | stock incentives and short-term profit?
        
       | pmontra wrote:
       | For what's is worth, it's about 22.6 M cubic meters, a cube with
       | a side of 2.83 km.
       | 
       | I didn't check if they are storing it as a compressed gas but
       | they probably do. 1500 psi is about 100 bar. No more a cube but
       | still a very big array of 28.3 m tall tanks.
        
         | aaron695 wrote:
         | [dead]
        
       | wly_cdgr wrote:
       | Quit making jokes, y'all. There's nothing funny about this.
        
         | geysersam wrote:
         | Are you also in favor of public monopoly on other natural
         | resources such as rare earth metals and oil?
        
           | anigbrowl wrote:
           | Yes
        
           | hooverd wrote:
           | Yes.
        
           | jquery wrote:
           | I don't even agree with private oil being a thing, natural
           | resources should belong to the public.
        
           | omniglottal wrote:
           | Yes.
        
         | [deleted]
        
         | [deleted]
        
         | tibbon wrote:
         | Agreed. Its a lot of hot air.
        
         | koolba wrote:
         | Not even the thought of it going to the highest pitched bidder?
        
           | bandyaboot wrote:
           | And so pitch inequality gets ever larger. *shakes head*
        
         | pelagicAustral wrote:
         | Clown balloons are filled with helium, so there is some form of
         | connection between fuckery and the gas.
        
       | posnet wrote:
       | According to the GSA themselves, the value of the helium there is
       | ~$100,000,000 [0] though that is 2019 prices, I believe it has
       | gone up since then.
       | 
       | Apparently for diving purposes it's as high as $2.0 per cubic
       | foot. [1]
       | 
       | [0]: https://pubs.usgs.gov/periodicals/mcs2020/mcs2020-helium.pdf
       | 
       | [1]: https://gue.com/blog/the-price-of-helium/
        
         | tristor wrote:
         | Depending on who you ask, the value of the crude helium there
         | is around $300M to $360M. The $2-$3/cf for refined helium isn't
         | really that relevant, since what is included is unrefined, if
         | it were refined it'd be worth many billions.
        
           | westurner wrote:
           | What is it worth as isotopes He3 and He4; e.g. for Nuclear
           | Fusion, superfluidity and superconductivity experiments, and
           | medical imaging that probably can be done without Helium?
        
         | [deleted]
        
         | jquery wrote:
         | That's hilariously off, much like how the "market value" of
         | rare earth asteroids is in the $trillions... due to a shortage
         | that wouldn't exist if we could mine said asteroids... the
         | value of the helium is much, much higher than $100M.
        
       | Brian_K_White wrote:
       | I don't understand the zeppelin jokes. Are we really this
       | ignorant?
        
         | flangola7 wrote:
         | What are we ignorant of? Airships of the non-inflammable
         | variety use helium.
        
           | dr-detroit wrote:
           | [dead]
        
           | orra wrote:
           | That's why Excelsior is filled with safe, natural helium.
           | 
           | https://archer.fandom.com/wiki/Skytanic
        
           | Brian_K_White wrote:
           | So what? Apparently what you're ignorant of is that airships
           | are not why it's important to preserve a store of helium.
        
         | hooverd wrote:
         | Would you rather rigid airships be flammable?
        
           | Brian_K_White wrote:
           | Are you saying zeppelins are an especially important facility
           | for the military? (I'm sure there are uses, but only the way
           | there are uses for anything).
           | 
           | I am saying it's ignorant to imply that the helium isn't
           | important because it was originally secured for zeppelins.
        
         | [deleted]
        
       | webnrrd2k wrote:
       | There is also property for sale in Menlo Park, as well as San
       | Dimas and Laguna Niguel.
       | 
       | https://disposal.gsa.gov/s/searchproperty?state=CA&type=ALL
        
         | cossatot wrote:
         | The Menlo Park property is the former US Geological Survey
         | campus, which has been moved to the NASA Ames campus in
         | Mountain View because the USGS couldn't make rent to the GSA.
         | It's a nice campus although some of the buildings could use
         | some superficial renovation. It's got a lot of lab space.
        
           | thomasjudge wrote:
           | Seems like Stanford might want to buy this
        
         | [deleted]
        
       | explodingwaffle wrote:
       | "To protect your organization from excessive usage and Denial of
       | Service attacks, we limit the number of allowed content delivery
       | views within a twenty-four hour period. Try viewing the content
       | again later."
       | 
       | C'mon guys, I was reading that 240 page government contract!
        
         | [deleted]
        
         | Mountain_Skies wrote:
         | That's a reasonable false positive given that bots are far more
         | likely to "read" a 240 page government contract than a human.
        
       | gustavus wrote:
       | The wikipedia on this provides some context
       | 
       | > The National Helium Reserve, also known as the Federal Helium
       | Reserve, is a strategic reserve of the United States, which once
       | held over 1 billion cubic meters (about 170,000,000 kg)[a] of
       | helium gas. The helium is stored at the Cliffside Storage
       | Facility about 12 miles (19 km) northwest of Amarillo, Texas, in
       | a natural geologic gas storage formation, the Bush Dome[2]
       | reservoir. The reserve was established with the enactment of the
       | Helium Act of 1925. The strategic supply provisioned the noble
       | gas for airships, and in the 1950s became an important source of
       | coolant during the Cold War and Space Race.
       | 
       | I for one am in favor of keeping it as a national resource in
       | order to prevent the development of a zeppelin capability gap
       | between us and the enemy.
       | 
       | EDIT:
       | 
       | I appreciate the rebuttals below, apparently Helium is important
       | in the usage and production of MRI, IC fabrication, and cooling
       | nuclear reactors. Pushes a reconsideration of the sell off, plus
       | the possible resurgance of steampunk.
        
         | [deleted]
        
         | mlyle wrote:
         | > I appreciate the rebuttals below, apparently Helium is
         | important in the usage and production of MRI, IC fabrication,
         | and cooling nuclear reactors. Pushes a reconsideration of the
         | sell off, plus the possible resurgance of steampunk.]
         | 
         | Also: liquid fueled rockets and space systems. Being able to
         | nuke the other guy or space supremacy depends upon having
         | helium. Maybe not that much.
        
           | perihelions wrote:
           | https://en.wikipedia.org/wiki/Autogenous_pressurization
        
         | SoftTalker wrote:
         | Helium is useful as a coolant in nuclear reactors. If we get
         | back into nuclear power in a big way, we might want a good
         | supply of it.
        
           | WorldMaker wrote:
           | Helium is critical to tools like MRI machines. If we wish to
           | keep our healthcare industry from technically backsliding, we
           | probably want a good supply of it.
        
         | rsynnott wrote:
         | > MRI
         | 
         | Is this actually the case anymore? I had the vague idea that
         | fancy modern superconductors now allowed these to run on liquid
         | nitrogen.
        
           | cyberax wrote:
           | High-temp superconductors are made of ceramic, so they are
           | very inconvenient to work with. They are also mechanically
           | brittle.
           | 
           | So the largest high-temp MRI for now is only big enough to
           | image the head. That being said, there has been a lot of
           | progress in the high-TC superconductors in the recent years.
        
           | ska wrote:
           | No, it's pretty much all helium for clinical work.
           | 
           | Short of a quench (catastrophic heating, effectively) the
           | most modern units hardly lose any, and often need less in the
           | first place. An old machine might cost you near 6fig/year in
           | helium refill, especially if out of spec. Some new magnets
           | don't typically need any in a give year.
        
         | arcticbull wrote:
         | Helium is critical for all sorts of things, not least IC
         | fabrication and cooling MRI magnets.
         | 
         | This was one of the big issues at the start of the Ukraine
         | invasion because they're one of the world's preeminent
         | suppliers.
         | 
         | The big problem is that there's a finite supply - it comes
         | mostly from natural gas wells - and it's running out. Being
         | lighter than air it just goes up and into space. Once we're
         | out, we're out.
        
           | trebligdivad wrote:
           | What's it's use in IC fab?
        
           | dylan604 wrote:
           | Until we start fusing hydrogen for energy.
        
             | extraduder_ire wrote:
             | I haven't done the napkin math for this, but I don't think
             | we'll need enough power from fusion to generate useful
             | quantities of helium. I think we might get closer with
             | certain kinds of fission. (alpha radiation is helium, after
             | it captures a few electrons. IIRC, where Earth's helium
             | comes from)
        
           | arrowsmith wrote:
           | Interesting. So should we really be wasting large quantities
           | of this precious non-renewable resource to fill balloons at
           | children's birthday parties?
        
             | brianwawok wrote:
             | Yes exactly
             | 
             | And why the price to filly party baloons has gone up 10x
             | over the last 10-20 years..
        
             | koube wrote:
             | My understanding of this is that there's different
             | qualities and mixtures of helium. When you buy helium from
             | a party store it's a kind of "dirty" helium which is not
             | pure enough for scientific/industrial applications.
        
               | nradov wrote:
               | The regular helium grade purchased from industrial gas
               | suppliers and typically used for filling party balloons
               | is >99% pure. There are higher grades available for
               | specialized purposes, but using lower grades doesn't save
               | any helium.
               | 
               | https://zephyrsolutions.com/what-are-the-different-
               | grades-of...
        
             | dghughes wrote:
             | Or consumer-grade old style spinning hard drives.
        
               | flangola7 wrote:
               | Old style? What other gases are used?
        
               | dghughes wrote:
               | Regular air I'd say 78%N 21%O + 1% other.
        
             | gammarator wrote:
             | Nope! The problem is that Congress chose to liquidate the
             | reserve's holdings below market cost a few decades ago.
        
             | gammarator wrote:
             | Nope! The problem is that Congress chose to liquidate the
             | reserve's holdings below market cost a decade ago.
        
               | natch wrote:
               | Since we elect idiots, we get idiotic laws and actions.
               | And then our children get the problems we deserve.
        
               | mrguyorama wrote:
               | "The government is inefficient and can't do anything
               | right and if you elect me I can prove it!"
        
               | pirate787 wrote:
               | It's auction, what do you mean "below market cost"?
        
           | [deleted]
        
           | perihelions wrote:
           | - _" This was one of the big issues at the start of the
           | Ukraine invasion because they're one of the world's
           | preeminent suppliers."_
           | 
           | That one was actually neon. It has nothing to do with natural
           | gas; it's a byproduct of the cryogenic distillation of air,
           | which steelmakers do on an industrial scale to get pure
           | oxygen. As you point out, here's not much helium in the
           | Earth's atmosphere; rather, since it (helium-4) is the
           | product of alpha decay of geologic thorium and uranium, it
           | accumulates in the same kind of places as natural gas. Hence:
           | Texas.
           | 
           | There was a large HN thread on the neon thing here,
           | 
           | https://news.ycombinator.com/item?id=30457490 (422 comments)
        
             | thehappypm wrote:
             | Also, helium tends to escape the atmosphere into space! Air
             | is just a ton of colliding molecules, and something like
             | helium has an atomic mass of ~4, compared to say nitrogen,
             | which has an atomic mass of ~14, and it is in the N2 form,
             | so it has a mass of ~18. So, an N2 molecule is way more
             | massive than a helium atom. As a result, helium at the same
             | temperature as nitrogen has a much higher average velocity
             | and can escape the earth's gravity at a high rate.
        
               | pdonis wrote:
               | _> it is in the N2 form, so it has a mass of ~18_
               | 
               | I think you mean ~28 (2 times ~14).
        
             | arcticbull wrote:
             | Helium too [1] although definitely also neon.
             | 
             | [1] https://cen.acs.org/business/specialty-chemicals/War-
             | Ukraine...
        
               | perihelions wrote:
               | Your article's talking about helium from Algeria, though?
               | 
               | - _" The helium shutdown in Arzew [Algeria] is a result
               | of high natural gas demand in Europe, due in large part
               | to Russia's invasion of Ukraine. Helium is found
               | alongside natural gas in conventional wells. Algeria
               | normally compresses natural gas into liquid form at Arzew
               | for global transport by ship. During that process, it's
               | economical to extract helium because it liquefies at much
               | higher pressures and lower temperatures than natural gas,
               | explains industrial gas consultant Jon Raquet."_
               | 
               | - _" But now, much of Algeria's natural gas is being sent
               | to Spain via pipeline, making separation impractical."_
        
               | arcticbull wrote:
               | My understanding is that Ukraine and Russia both produce
               | a lot of natural gas and hence helium, and that the
               | supply to the west from Russia was cut off due to
               | sanctions and further threatened in Ukraine due to
               | conflict itself.
               | 
               | The shifting mentioned in the article is further knock-on
               | effects of the war and its impact on energy markets - and
               | how those further constrain the global supply chain for
               | He.
               | 
               | This isn't my area of expertise though so please do let
               | me know if I've misunderstood.
        
               | perihelions wrote:
               | - _" produce a lot of natural gas and hence helium"_
               | 
               | Right about gas, but it doesn't follow that they've
               | invested in infrastructure to cryogenically separate
               | helium from gas fields, the way they did with neon (at
               | steel plants). (That was the colorful thing about the
               | neon crisis: every country in the world has enormous neon
               | resources; the list of countries that can produce
               | industrial amounts on <6 months notice is short).
               | 
               | I looked it up: Ukraine doesn't export any helium (as of
               | 2019 public data), and it has helium production capacity
               | but it's marginal. Algeria is world #3, behind the USA
               | and Qatar.
               | 
               | https://www.deutsche-
               | rohstoffagentur.de/DE/Gemeinsames/Produ... (pages 69 and
               | 71)
        
               | arcticbull wrote:
               | Ah, noted. Thanks.
        
           | mschuster91 wrote:
           | > Once we're out, we're out.
           | 
           | Not exactly. Helium is a part of radioactive decay and as
           | such continuously produced, so in a pinch we might use
           | filters in the air from nuclear plants or large deposits of
           | radioactive minerals as an alternative source. The question
           | is just how much can be produced that way.
        
             | dralley wrote:
             | > The question is just how much can be produced that way.
             | 
             | Not nearly enough
        
             | myself248 wrote:
             | Many, many, many orders of magnitude less than we need.
             | This is the worst kind of "technically correct" which is so
             | misleading as to be disingenuous.
             | 
             | To keep up with demand, you'd need so much nuclear energy
             | that the thermal byproduct would boil the oceans within a
             | year or two.
             | 
             | I think it's safe to say that's not a desirable outcome.
             | Once we're out, we're out.
        
           | RC_ITR wrote:
           | Fusion is very unlikely to become a viable energy source in
           | the near-term, but it _is_ something we can use to make
           | helium if we are desperate enough.
        
             | hypercube33 wrote:
             | Currently we need helium to cool the superconducting
             | magnets used to generate fusion reactions so the cart there
             | is before the horse kind of problem, until someone comes up
             | with a better solution.
        
             | CamperBob2 wrote:
             | I asked about this once and someone pointed out the obvious
             | E=mc^2 issue: a fusion reactor will generate only a trivial
             | amount of helium in the process of releasing a large amount
             | of energy.
        
               | smegsicle wrote:
               | im in my post-energy-scarcity future, blasting plasma
               | into space as fast as i can to squeeze out a party
               | balloon
        
           | UncleMeat wrote:
           | > and it's running out
           | 
           | In a "it is literally possible to extract all of it and it
           | will escape to space" sense, yes. But in a practical "humans
           | are anywhere remotely close to exhausting helium deposits on
           | Earth" sense, no. The "we are running out helium" thing was
           | never real.
        
           | bparsons wrote:
           | Natural gas is running out?
        
             | natch wrote:
             | I think "it" meant helium? But regardless we may reduce our
             | natural gas extraction significantly in the future.
             | 
             | Even if there's plenty left in the ground.
             | 
             | So I'd imagine that reduction of extraction would also
             | reduce access to helium.
        
               | happytiger wrote:
               | The United States produces more natural gas than any
               | other fuel and its consumption of gas is second only to
               | petroleum.
               | 
               | It's the main fuel used to power electrical plants in the
               | US (all those Teslas generally run on LNG).
               | 
               | It's also a fuel that doesn't have a single source
               | supplier. It's Quatar, Russia, etc.
               | 
               | All these folks talking about reducing gas use and ending
               | global warning by reducing consumption are not looking at
               | this objectively and geopolitically. They see it through
               | the lens of contemporary American environmental politics.
               | 
               | Up until 5-10 years ago natural gas was seen as the major
               | reduction factor in the drop in coal usage and generally
               | a win for the environment compared to continuing to use
               | coal. It was the "better" fuel for the transition.
               | 
               | Obviously we are going to move towards more renewable
               | fuels in future because coming into balance with nature
               | is necessary. But it's unlikely it's going anywhere
               | anytime soon and behind closed doors, I think energy
               | policy clearly points to gas as the "lesser of evils"
               | energy source for the foreseeable near future.
        
         | marcus0x62 wrote:
         | In addition to the other replies you've gotten, UHP (ultra high
         | purity) helium is also important in certain welding processes,
         | although there are, generally at least, substitutes in that
         | field.
        
         | KennyBlanken wrote:
         | This isn't a joke. This is a privatization of a critical,
         | finite resource - a huge step in the wrong direction. There's
         | no way to manufacture helium. You can't condense it from the
         | atmosphere like other gasses because when it's released, it
         | rises and escapes the planet, permanently.
         | 
         | The supply is going to become very strategic when we run out of
         | helium for MRI machines and other important superconducting
         | equipment, scientific or otherwise.
         | 
         | We may develop suitable lower temperature superconductors, but
         | there are thousands of MRIs that still need it, and plenty of
         | medical centers that won't be able to afford to upgrade to new
         | systems.
        
           | adastra22 wrote:
           | You mean higher temperature.
        
         | skywal_l wrote:
         | Helium is not even the best lighter than air gas. See:
         | https://www.youtube.com/watch?v=ZjBgEkbnX2I
        
         | ftxbro wrote:
         | > in the 1950s became an important source of coolant during the
         | Cold War and Space Race
         | 
         | they are saying that like there isn't a cold war or space race
         | in the year 2023
        
           | parineum wrote:
           | Or that helium isn't important to them.
        
       | westcort wrote:
       | If this isn't a sign of the collapse, I don't know what is.
        
         | delecti wrote:
         | The federal government has been trying to sell it off for
         | almost 30 years.
         | https://en.wikipedia.org/wiki/National_Helium_Reserve
        
           | anigbrowl wrote:
           | Factions within the government have been trying to sell it
           | off for that time. Other factions don't feel like wasting
           | political capital defending this hill because they can't
           | easily explain the issue to the public.
        
           | westcort wrote:
           | Meanwhile, patients need 6 weeks of physical therapy before
           | they can get an MRI as a direct result of a lack of helium.
           | Even diagnostic MRIs in which PT is not indicated. The
           | government trying to sell a crucial asset necessary for
           | healthcare technologies is a sign that the government is not
           | able to take care of domestic affairs.
           | 
           | They may have been trying to sell it before, but the lack of
           | leadership on a critical resource like this is a bad sign.
        
             | ska wrote:
             | > they can get an MRI as a direct result of a lack of
             | helium.
             | 
             | It's a ~1mm machine with ~10k of helium in it, and modern
             | ones don't need much refill. Even with old ones it's
             | expensive, but not out of whack with other costs.
             | 
             | The helium market isn't really the proximal cause of not
             | having enough MRI hours to go around, but there are
             | concerns about it getting worse.
        
             | sidewndr46 wrote:
             | I don't know what world you're living in but I can get an
             | MRI next-day if I need to.
        
             | delecti wrote:
             | > They may have been trying to sell it before, but the lack
             | of leadership on a critical resource like this is a bad
             | sign.
             | 
             | The helium reserve has been for sale for almost 30 years,
             | hospitals have had plenty of opportunity to buy helium for
             | their MRI machines. Your wait for an MRI isn't because of
             | helium, it's because insurance providers want to avoid
             | paying for things.
        
               | 93po wrote:
               | > Your wait for an MRI isn't because of helium, it's
               | because insurance providers want to avoid paying for
               | things.
               | 
               | More accurately, it's because of corrupt or wildly
               | misguided politicians that are against single payer
               | healthcare due to bribery from established healthcare and
               | insurance companies
        
               | delecti wrote:
               | I was talking about the more direct cause, but yes,
               | that's the ultimate reason.
        
             | tssva wrote:
             | > Meanwhile, patients need 6 weeks of physical therapy
             | before they can get an MRI as a direct result of a lack of
             | helium. Even diagnostic MRIs in which PT is not indicated.
             | 
             | In February my daughter started experiencing knee pain. Her
             | doctor ordered an MRI and 1 week later the MRI was
             | performed.
        
             | adolph wrote:
             | Is there a "lack of helium" or is there a competition for
             | valuable uses of helium? MRI seems to use about 13% of
             | annual helium production.
             | 
             | 12,000 * 10,000 / 12.8 = 9,375,000/year [0]
             | 
             | 1 cubic meter = 1,000 liters
             | 
             | 9,375 (MRI) / 73,000,000 (Total production [1]) = 0.1284
             | 
             |  _At any point, an MRI machine contains about 2,000 liters
             | of liquid helium, though suppliers need to replenish any
             | helium that boils off. Mahesh estimates that an MRI machine
             | uses 10,000 liters of liquid helium over its life span.
             | (According to GE Healthcare, a manufacturer of the
             | machines, that life span is 12.8 years.) In 2015, there
             | were roughly 12,000 machines in the U.S., making MRIs one
             | of the biggest helium consumers in the world, far above
             | balloon stores._
             | 
             | 0. https://www.nbcnews.com/health/health-news/helium-
             | shortage-d...
             | 
             |  _Helium production in the United States totaled 73 million
             | cubic meters in 2014._
             | 
             | 1. https://en.wikipedia.org/wiki/Helium_production_in_the_U
             | nite...
        
             | EA-3167 wrote:
             | > Meanwhile, patients need 6 weeks of physical therapy
             | before they can get an MRI as a direct result of a lack of
             | helium. Even diagnostic MRIs in which PT is not indicated.
             | 
             | I've never heard of this, can you link to something
             | discussing this?
        
               | SoftTalker wrote:
               | Due to the cost of an MRI procedure, most insurers will
               | require 6 weeks of PT/rehab efforts on an injury before
               | covering the cost of an MRI.
               | 
               | I guess GP is attributing the cost of the MRI to the
               | helium required to cool the magnet, but I'm not sure
               | that's a big fraction of the amortized cost for a single
               | procedure -- a reference would be good.
        
               | vidarh wrote:
               | Some searches indicates most newer MRI's are "zero boil-
               | off" machines that recondense most of the helium, and
               | that even older, leaky MRI's might be using (losing) at
               | most ~$20k helium per year.
               | 
               | I'm in London, a MRI here starts at around ~250 pounds or
               | ca. $315.
               | 
               | Meanwhile $20k worth of helium replacement would be
               | ~$55/day spread across all uses of the machine.
               | 
               | So I'm inclined to think you're right.
               | 
               | The more likely reason for the 6 week PT:
               | 
               | Most things for which you as a patient might want an MRI
               | for that aren't _obviously_ not something physio will
               | help with are things you _will_ end up needing physio
               | for.
               | 
               | I'm assuming they've done a simple cost benefit analysis
               | where the proportion of cases where they actually need
               | MRI's are low enough that it's cheaper to just send
               | people straight to physio first.
        
               | ska wrote:
               | > nd that even older, leaky MRI's might be using (losing)
               | at most ~$20k helium per year.
               | 
               | It can be a lot more than 20k but you are correct it
               | isn't the driving cost.
        
               | SoftTalker wrote:
               | The cost of an MRI in the USA is at least 10x that
               | number. That is why they generally require PT first.
               | 
               | Of course if you're an athlete at the major college or
               | professional level, you can get one immediately.
        
               | JumpCrisscross wrote:
               | > _cost of an MRI in the USA is at least 10x that number_
               | 
               | I got a whole-body MRI in New York. It was under $1,000.
        
               | seanp2k2 wrote:
               | _after insurance_
               | 
               | Post the prices that your insurance provider paid to the
               | hospital for a real comparison.
        
               | JumpCrisscross wrote:
               | It was a voluntary whole-body MRI. This was my out of
               | pocket expense and the provider's revenue. No insurance.
        
               | vidarh wrote:
               | Is that for full body scans?
               | 
               | Prices here do vary a lot, and you certainly _can_ end up
               | paying 10x that price for a full body scan from an
               | expensive provider with a bunch of extras (though judging
               | by a couple, some of those extras are cheap /"free" (on
               | the NHS) blood tests tacked on for no good reason other
               | than to jack up the price).
               | 
               | [You can get full scans for significantly less too, at
               | least down to $1300 - I haven't looked very thoroughly -,
               | but most people opting for full body scans are not doing
               | so to address a specific known issue, so the prices
               | reflect that it's a luxury service that's rarely needed,
               | and the price lists are full of pointless upsells]
               | 
               | If the 10x is for specific body parts, it might pay to
               | take a short trip to do your MRI's rather than pay out of
               | pocket where you are then.
        
               | mrexroad wrote:
               | 10x is for specific body parts, largely due to the
               | (predatory) disfunction of our health care insurance and
               | for-profit care system. Even the x-ray I was required to
               | have before an MRI, due to plate in my arm, was billed
               | higher than your MRI. With that said, there are also
               | private parties (e.g. not through health care provider)
               | that offer full-body MRIs for only a grand or two; well,
               | at least there were a decade or so, when we got one for
               | my FIL.
        
               | SoftTalker wrote:
               | Yes, if you go to an "imaging center" they typically cost
               | less than at a hospital. Strangely, my doctor's referral
               | was to the hospital not the imaging center so per my
               | insurance that is where I had to go. My insurance and the
               | doctor's practice and the hospital they sent me to were
               | all owned by the same huge health organization... Hmmm.
        
               | sjsdaiuasgdia wrote:
               | A counter-reference from a Jan 2023 newsletter from the
               | Radiological Society of North America -
               | https://www.rsna.org/news/2023/january/helium-shortage-
               | for-m...
               | 
               | "Despite news reports in October that the world is
               | running out of helium, clinical MRI units throughout the
               | U.S. were and remain unaffected."
               | 
               | I wouldn't be surprised if some patients are given bad
               | info by either clinic or insurer. Blaming a global
               | shortage, real or perceived, points the patient's
               | emotional response away from the provider.
        
               | SoftTalker wrote:
               | At a gut level I would be inclined to agree.
               | 
               | I've had an MRI (and had to do the prerequisite 6 weeks
               | of PT).
               | 
               | The MRI is a huge machine. It's in its own room, and they
               | have to be careful about allowing any metal too close to
               | it. The scan itself took about an hour for a couple of
               | different views, a tech had to get my body in the right
               | position and support it with various pads and pillows.
               | You cannot move at all, and if you do, they have to start
               | over. Given the time for the scan itself, plus any setup
               | and cleaning they might have to do, I'd guess one machine
               | could do a dozen or so scans per day. At the hospital I
               | went to, they only did scans two days per week, I don't
               | know if that was because they had limited staff or they
               | need to allow for maintenance/calibration of the machine.
               | Also I had a scan with contrast, and the doc who did the
               | contrast injection also had limited availability.
               | 
               | So there are real limits on the supply of MRI time, my
               | guess is that this drives the price more than anything.
               | It's not like an X-ray that just takes a few minutes.
        
               | Wistar wrote:
               | Although not specifically about the PT requirement, some
               | stuff on the helium shortage across healthcare, research,
               | and business.
               | 
               | NBC: "The world is running out of helium. Here's why
               | doctors are worried."
               | https://www.nbcnews.com/health/health-news/helium-
               | shortage-d...
               | 
               | Radiological Society of North America: "Keeping An Eye on
               | the Potential Shortage of Helium for MRIs"
               | https://www.rsna.org/news/2023/january/helium-shortage-
               | for-m...
               | 
               | The Harvard Crimson: "Helium Shortage Forces Harvard
               | Physics Labs to Shut Down Equipment, Suspend Projects"
               | https://www.thecrimson.com/article/2022/6/24/helium-
               | shortage...
               | 
               | Marketplace: "Party City's Bankruptcy partly due to high
               | cost of helium"
               | https://www.marketplace.org/2023/01/19/heliums-been-
               | rising-i...
        
               | stronglikedan wrote:
               | I can't link to anything, but I can offer my own personal
               | experience of having to pay for 6 weeks of physical
               | therapy before they would give me an MRI for my knee. I
               | just opted to look up the routine online and rehab
               | myself. I'd have gladly paid my MRI copay, but I'm not
               | paying for PT without even knowing if I need it yet.
        
             | NoboruWataya wrote:
             | > patients need 6 weeks of physical therapy before they can
             | get an MRI as a direct result of a lack of helium
             | 
             | Then why hasn't the government, with its huge helium
             | reserve, stepped in to solve this problem?
             | 
             | Maybe there is some hope the helium could end up being sold
             | to people who actually want to apply it to socially
             | beneficial uses like this, since the government apparently
             | has no interest in doing so?
        
             | kraig911 wrote:
             | The 6 week wait isn't because of a lack of helium. It's for
             | lack of money to fund the MRI to begin with. It's easy to
             | point to lack of helium when really the cost of an MRI
             | machine is expensive. The rare earth magnets alone of which
             | are a greater scarcity than helium. My point is that it's
             | more than just helium scarcity for not getting easy access
             | to MRIs.
        
             | abeppu wrote:
             | Doesn't this give companies that supply helium to hospitals
             | an opportunity to purchase helium? It seems like if there's
             | a shortage for important uses in the economy, then moving
             | helium out of a government reserve is exactly what you'd
             | want, right?
             | 
             | Your complaint is that you think for-profit hospitals
             | should be gifted the helium rather than having to purchase
             | it?
        
               | toomuchtodo wrote:
               | Two issues come to mind immediately. The first is that
               | the market might not be the most efficient mechanism for
               | allocation for something like helium. Are party balloons
               | more valuable than cryo coolant for particle
               | accelerators, MRI machines, and science? Just because you
               | can't cough up the market price doesn't mean your
               | application isn't valuable [1]. The second is we've seen
               | what happens with OPEC when a cartel controls the supply
               | of energy. A for profit cornering the market for a non
               | renewable resource could lead us to suboptimal
               | stewardship of said resource (because humans are short
               | sighted, near term driven, and fundamentally greedy).
               | 
               | In 1979, in the midst of one of the many energy crisis in
               | the 70s, the Shah of Iran said "oil is too valuable to
               | burn." We've lucked out that we haven't run out of helium
               | yet, but there is no guarantee we will continue to be
               | lucky. The subcomments of this comment [2] explain the
               | very real peril and concern.
               | 
               | To your point "Your complaint is that you think for-
               | profit hospitals should be gifted the helium rather than
               | having to purchase it?", I would respond: Helium should
               | be priced based on the end use as well as any systems in
               | place to recover and recycle [3] [4], vs temporary use
               | where it will quickly be vented to space, lost to us
               | forever.
               | 
               | [1] https://en.wikipedia.org/wiki/Market_failure
               | 
               | [2] https://news.ycombinator.com/item?id=37393338
               | 
               | [3] https://www.chemistry.ucla.edu/news/new-liquid-
               | helium-recycl...
               | 
               | [4] https://pharmacy.ucsf.edu/news/2021/06/helium-
               | recycling-proj...
        
               | abeppu wrote:
               | I think your comparison to OPEC is interesting, b/c it
               | sounds like you think the price of oil was artificially
               | high, but in retrospect, I think many would say that it
               | has been far too cheap to burn oil, and this has driven
               | our multi-generational climate crisis. I.e. I think the
               | market failure in stewarding precious resources was _not_
               | that OPEC tried to keep prices high, but that failing to
               | price in the cost of damage to the climate and
               | environment kept prices artificially low.
               | 
               | In the helium case in the US, my understanding is that
               | from 1996 to 2013, though the US was the dominant global
               | supplier and _could_ have chosen to act as a cartel, the
               | 1996 legislation fixed prices to be artificially low
               | (with the aim of merely paying off costs, rather than
               | maximizing revenue), which is claimed to have
               | disincentivized private parties from developing new
               | production capacity.
               | 
               | I'm not some free-market zealot who thinks the invisible
               | hand can do no evil. But in this case, if the problem is
               | that (a) there's currently a bottleneck upstream of
               | important healthcare cases and (b) we want to discourage
               | waste then we should want helium to leave the national
               | reserve (i.e. there's more supply available to hospitals
               | and other parties), and we should want that to be at a
               | reasonable price so it isn't used frivolously (e.g. we
               | wouldn't want party planners to be induced to use more
               | balloons just b/c they're cheap). So auctioning off some
               | of what is held in reserve seems like a reasonable
               | action.
               | 
               | Wrt pricing that is presumably _lower_ for installations
               | with recycling capabilities -- I would think that
               | recycling might if anything make institutions willing to
               | pay a higher volumetric price, since they get more total
               | benefit from it. If the recycling technology is efficient
               | and practically applicable in many contexts, more and
               | more facilities ought to be pressured by high costs to
               | introduce recycling ... or leave the market.
        
               | toomuchtodo wrote:
               | My OPEC comparison was more centered on a small group
               | controlling a critical resource who can control the price
               | regardless of the needs of the consumers of said resource
               | (not the historic price action). I agree with most of
               | your points, but want to stress that the desired outcome
               | should be responsible use and stewardship of what is both
               | a highly useful and nonrenewable resource. Pricing is a
               | component, but maximizing profit should not be the goal.
               | I'd even go so far to say that you either wouldn't sell
               | to consumers of helium who could capture and recycle it
               | but currently choose not to, or you would subsidize the
               | installation of that equipment for them out of the
               | proceeds of more frivolous uses.
               | 
               | My personal opinion is the goal should be to maximize the
               | utility of the resource, with any profits being second
               | order effects. Instead, we too often end up like
               | ancestors who raze the forest only to freeze to death in
               | the winter [1].
               | 
               | [1] https://en.wikipedia.org/wiki/Holznot
        
               | abeppu wrote:
               | I think if you _don't_ sell helium to non-recycling
               | facilities in the near term, MRIs would stop altogether.
               | The two articles about recycling that you shared are both
               | research universities who considered it a PR-worthy
               | accomplishment to put recycling in place to cover _some_
               | of their machines, which for the moment sound like
               | they're almost entirely about NMR; the UCSF article even
               | says that after paying $500k, they're still hoping to
               | "inspire" other uses than NMR within the same university
               | to begin recycling, i.e. the top-flight research
               | university bragging about recycling still isn't able to
               | do it for clinical MRI machines.
               | 
               | Do you know (or perhaps someone else can chime in) -- is
               | it even feasible currently for a medical facility with
               | 1-2 MRI machines to put a recycling system into place? Or
               | is the recycling system of a size and complexity that
               | only if you have a helium footprint above a given size is
               | it realistic? Certainly, most places would not have the
               | expertise on staff to design and implement such a system
               | today.
               | 
               | Worse, if recycling were a requirement to purchase
               | helium, how do we estimate which medical facilities would
               | _not_ buy an MRI machine because of the higher initial
               | cost of the recycling system, or maintenance of its
               | collection, compression, or purification components? How
               | would that change patient outcomes (especially given that
               | the initial complain about MRIs in this thread was long
               | waits due to limited capacity)?
        
               | pkaye wrote:
               | In reply to your other post (I could not comment on it
               | directly)
               | 
               | > ... then is there really still any meaningful
               | relationship between helium supply and the patient wait
               | time for MRIs as westcort complained? Or is it just that
               | there are too few MRI machines in the healthcare system?
               | 
               | The US is second highest in number of MRI machines per
               | capita after Japan. Its probably staffing issues or maybe
               | MRI scans are used much more widely in the US.
               | 
               | https://www.statista.com/statistics/282401/density-of-
               | magnet...
        
               | abeppu wrote:
               | > Its probably staffing issues
               | 
               | I would have expected that since (in my experience) these
               | machines are generally run by a technician, and the MRI
               | itself is relatively quick (a few minutes), and hospitals
               | can bill insurance thousands for an MRI, that once a
               | medical facility has acquired and set up the machine the
               | machine, that running patients through should more than
               | pay for the time of staff immediately involved.
        
               | toomuchtodo wrote:
               | Any MRI machine made since the late 1990s has helium
               | reclamation capabilities ("zero boil off refrigeration
               | systems").
               | 
               | https://mriquestions.com/uploads/3/4/5/7/34572113/advance
               | s_i... (page 5)
        
               | abeppu wrote:
               | Thanks for pointing at that! But if the description is
               | correct,
               | 
               | > ZBO magnets allow practically unlimited system
               | operation without helium refill.
               | 
               | ... then is there really still any meaningful
               | relationship between helium supply and the patient wait
               | time for MRIs as westcort complained? Or is it just that
               | there are too few MRI machines in the healthcare system?
               | 
               | And, I suppose if anyone here knows -- why is it that NMR
               | magnets at UCLA and UCSF required recycling systems which
               | sound meaningfully less efficient (the UCLA article
               | linked above reclaimed only 90%) rather than using the
               | ZBO tech which is apparently standard in modern MRIs?
        
               | westcort wrote:
               | Exactly. Some crucial resources need to be managed with a
               | long-term outlook or risk market failures. Helium is one
               | such resource.
        
         | [deleted]
        
         | [deleted]
        
         | [deleted]
        
         | zadler wrote:
         | [flagged]
        
         | gnatman wrote:
         | Collapse of what exactly?
        
           | riffic wrote:
           | in their context, everything.
        
       | pontifier wrote:
       | This is the entire system including the facility, hundreds of
       | miles of pipeline, helium rights for many helium producing wells,
       | existing storage and delivery contracts, and 800 million cubic
       | feet of helium.
       | 
       | A stockpile of 1 billion cubic feet of helium only is for sale as
       | a separate lot:
       | https://disposal.gsa.gov/s/property/a0Xt0000005z684EAA/feder...
        
         | mpreda wrote:
         | > and 800 million cubic feet of helium
         | 
         | I don't understand why you'd measure the amount of a gas in
         | volume units (e.g. cubic feet) given that any gas is "elastic"
         | in volume, i.e. can take pretty much any volume depending on
         | the pressure.
        
           | feoren wrote:
           | I hate it when people don't add the word "standard" to gas
           | quantity units like this, but that is almost always what they
           | mean. A "standard cubic foot" has the same dimension as
           | moles; that is, it's actually a count of the number of atoms
           | or molecules.
        
           | ceejayoz wrote:
           | https://www.law.cornell.edu/cfr/text/43/3195.11
           | 
           | > Standard cubic foot (SCF) means the volume of gaseous
           | helium occupying one cubic foot at a pressure of 14.7 psia
           | and a temperature of 70 degrees Fahrenheit. One liter of
           | liquid helium is equivalent to 26.63 scf of gaseous helium.
           | One U.S. gallon of liquid helium is equivalent to 100.8 scf
           | of gaseous helium. One pound of liquid helium is equivalent
           | to 96.72 scf of gaseous helium. If BLM approves, you may use
           | appropriate gaseous equivalents of volumes of helium mixtures
           | different from these figures.
        
           | [deleted]
        
           | p_j_w wrote:
           | If it's anything like SCUBA tanks, then the 800M cu ft is
           | specified at 1 atm at room temperature. It's a actually an
           | intuitive way to express how much gas you're getting.
           | Specifying it by N would be borderline incomprehensible to
           | most people.
        
           | danzk wrote:
           | https://en.m.wikipedia.org/wiki/Standard_temperature_and_pre.
           | ..
        
         | [deleted]
        
       | runeofdoom wrote:
       | Why is it for sale?
        
         | 93po wrote:
         | Cynical take: People in congress have wealthy contacts that
         | want to buy and profit from this, and likely include the
         | congress member as part of the profit sharing in some concealed
         | manner
         | 
         | Generous take: congress recognizes government entities are
         | inefficient and do a poor job at things like properly pricing
         | and providing goods and services, which is explicitly outlined
         | as a reason congress gave: selling it at market-driven prices
         | 
         | They give other reasons but there's basically zero reason to
         | trust them. The truth is likely somewhere between the two takes
         | above.
        
           | jmount wrote:
           | It isn't a cynical opinion if that turns out to be what is
           | cynically being done.
        
             | TheDudeMan wrote:
             | It's cynical if it is presented without evidence.
        
           | [deleted]
        
           | parineum wrote:
           | Actually, both need to be true, to an extent.
           | 
           | Government being inefficient is required for private
           | companies to have any interest in ownership because profit is
           | the incentive to solve market inefficiency.
           | 
           | If the government was doing an awesome job, the private
           | sector wouldn't have any interest.
        
             | bhickey wrote:
             | Or someone wants to exploit a natural monopoly.
        
               | aylmao wrote:
               | Unfortunately, this is not a far-fetched possibility in
               | this case, given the rarity of helium.
        
             | Brian_K_White wrote:
             | The market will efficiently squander it on party balloons.
        
             | velcrovan wrote:
             | This is quite a rosy take. The private sector is always
             | interested in capturing new customers, and lobbying to shut
             | down public services is a great way to do that. It's pretty
             | simple, first you strip the service or institution of
             | funding, do other things to degrade operations, then you
             | complain that it's a huge problem that only the private
             | sector can fix. Exhibit A, USPS. Exhibit B, US public
             | schools. Exhibit C, the US VHA. Exhibit D, the UK's NHS and
             | Ontario Canada's provincial healthcare system.
        
               | kiicia wrote:
               | also any privatized railroad network
        
             | RodgerTheGreat wrote:
             | If the government was doing a sustainably awesome job, the
             | private sector could easily have interest in destroying it
             | for short-term gain.
        
             | fragmede wrote:
             | lol, the 90's called, they want their "government can't do
             | anything erficiently" hot take back.
             | 
             | I thought we'd collectively realized that "run the
             | government like a business" was this ridiculous notion that
             | the owning class sold us to raid public coffers to enrich
             | their own, to our detriment.
        
             | echelon wrote:
             | > If the government was doing an awesome job, the private
             | sector wouldn't have any interest.
             | 
             | Or, if the government was doing an awesome job, the private
             | sector might want to get rid of public sector price
             | ceilings.
             | 
             | The private tax prep lobby wants to keep the government out
             | of tax filing.
             | 
             | Logistics companies want to kill the USPS.
        
               | aylmao wrote:
               | I'm from a country where the government has several
               | institutions to provide healthcare. It's not the absolute
               | best, and depending on the institution one qualifies for
               | it might not be quickest or cover all conditions.
               | 
               | As administrations have come and gone, there's been a
               | back and forth between officials who want to privatize
               | health, claiming inefficiency, dilapidated facilities and
               | that the system is a drag on public finances, and
               | officials who want to save the system from what they
               | claim is purposeful gross mismanagement by
               | administrations who want excuses to privatize it.
               | 
               | Overall, even if not as pristine or efficient as the
               | private sector, this system of healthcare does means the
               | private industry has to compete with "free".
               | 
               | When I have a cold, I don't think I've spent more than
               | $10-20 on a private doctor's appointment, out of pocket
               | with no insurance. I had a rare eye condition called
               | Keratoconus. In the USA, the specialized procedure to
               | treat it seems to generally cost between $2,500 and
               | $4,000 per eye [1]. I paid about $650 per eye on a
               | private ophthalmology clinic, again, with no insurance.
               | 
               | EDIT: To add an addendum, and in the topic of
               | "efficiency", whenever I'm back home I tend to have more
               | face-to-face time with my doctor. There isn't a team of
               | nurses on every clinic to talk to and do the menial work.
               | I even book appointments directly via WhatsApp with my
               | gastroenterologist, and transfer money directly to their
               | bank account, instead of going through a front-desk
               | secretary, forms, and apps/paperwork. Without insurance
               | "networks" I hear of a good doctor and just go, no
               | problem.
               | 
               | This also means I tend to go to the doctor when I'm home,
               | rather than when I'm in the USA. I find very interesting
               | how for me personally, the experience seems to be much
               | better in a country with an overall lower purchasing
               | power than the USA.
               | 
               | [1]: https://www.nvisioncenters.com/corneal-cross-
               | linking/costs-a...
        
         | VygmraMGVl wrote:
         | 10 years ago, Congress decided we needed to transition off of
         | it. Large amounts of the stockpile were sold off from 2013-2018
         | and this is the final part of the plan.
         | 
         | https://www.blm.gov/programs/energy-and-minerals/helium/fede...
        
           | nathanfig wrote:
           | Thanks!
        
           | hypercube33 wrote:
           | Transition off of it? Dont we need it for superconducting
           | coolant and some other things?
        
             | bonestamp2 wrote:
             | Yes. MRI machines need it, although I guess that kind of
             | falls into the superconductor category. But I call that use
             | case out because it's probably a good idea to have the
             | government, or some trusted caretaker, look after at least
             | two strategic stockpiles.
        
             | westurner wrote:
             | FWIU Nuclear Fusion can use (and produce) 4He ('He4') as
             | fuel.
             | 
             | I think it makes sense to retain our nation's helium
             | reserves.
        
         | nathanfig wrote:
         | Had to scroll past a ton of doomsayers and jokes to find this
         | obvious question. I'd like to understand the decision before
         | speculating the meaning.
        
       | dang wrote:
       | We changed the URL from
       | https://disposal.gsa.gov/s/property/a0Xt000000DPeSLEA1/feder...
       | to one with more background.
       | 
       | I'm told that https://www.blm.gov/programs/energy-and-
       | minerals/helium/fede... is also good.
       | 
       | Thanks to the users who suggested these!
        
       | scrlk wrote:
       | https://www.innovationnewsnetwork.com/helium-shortage-4-0-wh...
       | 
       | Seems a bit short sighted to close the helium reserve and sell it
       | off. The last 3 years have taught the value of having some slack
       | in the supply chain.
        
         | [deleted]
        
         | Symmetry wrote:
         | Hopefully however gets these facilities will buy helium when
         | its cheap and sell it when its expensive to provide just that
         | sort of slack in the supply chain. My understanding is that
         | strategic helium stockpile was just to make sure we have enough
         | helium for our the US's use in the event of a war.
        
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       (page generated 2023-09-05 23:01 UTC)