The Dubious Claim of a World Helium Shortage

If you’ve been reading the news lately, you doubtless read about the find of a really big new helium gas field in Tanzania. It’s being touted as “life-saving” and “game-changing” in the popular media, but this is all spin. Helium is important for balloon animals, scientists, and MRI machines alike, but while it’s certainly true that helium prices have been rising steadily since 2000, this new field is unlikely to matter all that much in the grand scheme of things.

The foundation of every news story on helium is that we’re running out of the stuff. As with most doomsday …read more

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