http://www.livescience.com/55204-huge-cache-of-ancient-helium-discovered.html

By one estimate, the newly discovered helium field in the geothermally active East African Rift Valley may contain more helium than the U.S. Federal Helium Reserve near Amarillo, Texas, which holds about 30 percent of the world's helium supply.

How much helium?
The Tanzania discovery was made by researchers from the University of Oxford and Durham University, both in the U.K., working with Helium One, a helium exploration company headquartered in Norway.

"We sampled helium gas (and nitrogen) just bubbling out of the ground in the Tanzanian East African Rift valley," Chris Ballentine, a geochemist in the Department of EarthSciences at Oxford University, said in a statement. "By combining our understanding of helium geochemistry with seismic images of gas-trapping structures, independent experts have calculated a probable resource of 54 billion cubic feet [1.5 billion cubic meters] in just one part of the rift valley."

 

http://www.livescience.com/55204-huge-cache-of-ancient-helium-discovered.html

When the US Gov't gets out of the business of setting helium prices, there will be an abundant supply.

In the immortal words of Walter E. Williams:

Whenever there's a shortage of anything — whether it's water or seats at a baseball stadium — our first suspicion should be that the price is too low.

 

After some of the serious off-topic posts recently, it's nice to read a light post!

 

After some of the serious off-topic posts recently, it's nice to read a light post!

With a very complex background.

 

With a very complex background.

Very interesting article? @joeyd999 But I am left with the thought that you misinterpreted my post

 

But I am left with the thought that you misinterpreted my post

No. You made a pun. It was punny. But, even an issue as light as helium has weight to it. Perhaps I should have said it has a heavy background.

 

That's pretty good. Did you see where they found 3 times as much water as they thought in the CA aquifer?

Of course we can't use our resources, because that's all we have left.

 

Hello,

That would be good news for the field I work in.
I am an NMR service engineer and our customers do use liquid helium to maintain the magnet.

Bertus

 

After some of the serious off-topic posts recently, it's nice to read a light post!

--Emphasis added--
NPI, of course?

TTFN
HP

 

How does one mine Helium? As soon as you open the mine it will waft away to space.

 

How does one mine Helium? As soon as you open the mine it will waft away to space.

Hi,

Well, as soon as the mine is open they first all start talking like chipmunks imitating munchkins. Then they all breath in heavily, then exhale into balloons

 

Hi,

Well, as soon as the mine is open they first all start talking like chipmunks imitating munchkins. Then they all breath in heavily, then exhale into balloons

 

How does one mine Helium? As soon as you open the mine it will waft away to space.

They use several industrial rated vacuum cleaners to suck up the good stuff that are connected to a series of Goodyear blimps deliver product to market in a timely mannor.

 

When the US Gov't gets out of the business of setting helium prices, there will be an abundant supply.

When do you expect that will happen?

 

When do you expect that will happen?

As soon as the Upsidaisium mine court case is settled.
https://en.wikipedia.org/wiki/Upsidaisium_(story_arc)

 

http://minerals.usgs.gov/minerals/pubs/commodity/helium/mcs-2015-heliu.pdf