Helium is kind of special and also can be rather pricey. Do you know why? Let me explain. Helium is more scarce than you might assume, and that can make it challenging to locate and hike its price. There are also many reasons why helium is so much more expensive. But why do we need helium? There are a lot of significant uses that benefit various industries. Everybody has been looking for fresh sources of helium at a frantic pace. Helium is becoming scarcer as industry and technology use more of it.
Helium Shortage Is Real And More Treacherous Than You Think
Helium is something that might seem commonplace, given that we put it in party balloons, but as it happens, it’s not common at all. The vast majority of the helium we’ve got in the world is that which we’ve acquired underground in a few regions. The issue is that it’s difficult to mine out, and not all countries even have helium reserves. This makes helium even more precious, because it’s rather rare. As helium tank is being consumed in larger amounts across many industries, the supply is dwindling, and its price is going up.
Economical Issues Leading to Helium Price Hike
There are a lot of reasons helium is becoming more expensive. Rare stuff that people want a lot becomes expensive. This is true for helium. There are now more industries that are reliant on helium than at any other time, and that helium is even more precious. Some of the countries with lots of helium don’t sell much to other countries, preferring to hang onto it themselves. When taken together, all of these reasons are causing helium’s prices to go higher and higher.
Helium's Many Important Uses
Helium it’s not just for filling balloons at parties. It’s quite useful in a variety of industries. It’s used in health care, such as in MRI machines and to cool rocket fuel. Helium is also essential in technology, for such things as fabricating computer chips and fiber optics. We couldn’t use things we take for granted, every day, if we had no helium for tank. That’s also why it’s so crucial to have plenty of it for all these uses!
The Helium Quest and Brain Gain
Helium is becoming difficult to find and more expensive, so everyone is scrambling to look for new sources. There are companies that are seeking out helium in places where they have never looked for example, that means underwater. There are also efforts to find new methods of pulling helium from the ground more effectively. Researchers are also experimenting with ways to create helium in laboratories. All of these efforts are to ensure we have helium for the future.
The MagSeal 4 With Muscle How Industry and Technology Are Depleting Helium Reserves
More and more helium is being used in industries and technology. This is influencing the international helium market. We use helium in medicine and manufacturing, so the demand continues to rise. We will need to discover new sources of helium soon, or we will face a shortage. Everyone needs to come together to find ways in which we can keep using helium for all the various important things that helium does. GreatWhip is also contributing to the quest to find new reserves of helium and to ensure we can keep using it for a long time.
In summary So while helium might be a ‘basic’ gas, it’s fundamental for a broad spread of industries and technologies. That tank for helium is scarce and so expensive makes it all the more critical that we all work together to identify areas where helium can be successfully extracted in the future. GreatWhip will work to source new supplies of helium for the benefit of all.
