Why There Is A Helium Shortage
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- čas přidán 11. 09. 2024
- What do balloons, MRIs and rockets all have in common? They all rely on helium - and the global market for the noble gas has been deflating for years.
Helium is the second-most abundant element in the known universe, but it’s hard to capture on Earth because of how easily it floats out of the atmosphere and into space.
Oil companies harvest helium trapped deep beneath the Earth’s surface, in natural gas chambers. Radioactive decay causes uranium rock to disperse helium into natural gas chambers over millions of years. It’s a slow process, and finding the helium can be even more challenging.
Almost every known helium reserve on the planet was discovered by accident, and the helium was merely a byproduct of natural gas harvesting.
The United States has been the largest producer of helium since 1925, thanks to a massive reserve found across Texas, Oklahoma and Kansas - fittingly named the Federal Helium Reserve. But that’s set to close down production in 2021, and scientists are looking for new reserves to replace it.
CORRECTION: At 3:26, the video incorrectly shows the national flag of Bahrain, not Qatar.
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Why There Is A Helium Shortage
My chemistry teacher told us that helium was running out back in 2012, its crazy to see how that man is always correct. Mr Candee if you're seeing this, you're the best.
Good for you remembering what he said even tho its been 7 years.
There is no helium shortage, only a shortage of cheap helium.
Mr.Candee sounds like a clown with no disrespect to me.Candee
Because it was in news at that time , so he tell this to you
We're not running out. It's total BS like when they say oil shortage....it's all price manipulation
CNBC, you should cover how Philips healthcare is the only company with a low helium superconducting MRI. All vendors use about 1,500 to 1,800 liters and now Philips can make an MRI with only 7 liters of helium
Woah wtf
21,000% efficiency increase
Yes but they just use more liquid nitrogen instead which is many times more inefficient per kg and therefore raises energy costs by a ton. So no this is not a breakthrough
@@whut9245 not even remotely true. Liquid nitrogen is done for in MRI for a helium substitute. I'm an expert at company
I agree. But #NotSponsored by Phillips hehe
get rid of those party balloons man!
Ban helium-filled balloons
Agreed.
I mean we could use hydrogen
Deam Jack hydrogen is unsafe because of its flammability
@@ahsansiddiqui9427 yea I know but is everywhere and we will probably never run out of it
I don't give a sh*t for the balloons but the Internet and mri is important.
@mr fantastic the internet is a resource to freely distribute information
mr fantastic 2:12
@mr fantastic fiber optics
@mr fantastic Yes I think we could live without it but there are consequences like a lot of lost jobs and honestly now the world is so reliant on the Internet that it will be a big blow for a year or years.
@mr fantastic Ya I understand what you're saying.
I'm slightly disappointed that for a man who has been in the helium business for over 40 years, Phil Kornbluth doesn't have an incredibly high pitched voice :(
I didn't expect to find you here.
😅😂🤣
czcams.com/video/IWJDZjDX33c/video.html
That obnoxious music that sounds like a phone alarm made it hard to listen to the guys talk
Turn on captions!
Then you are too easily distracted.
That was the best part of the video
@@meagangrissom9101 the deaf.
Seriously why does everything need bgm.
Helium should be banned to use in party balloons. Internet and MRI should be given priority.
Can't do that it's not inline with free trade
We could implement a tax on wasteful use of helium. Maybe making balloons 500% more expensive will sway the market.
@@Consoneer Exactly, that's the point! If it were left to the free market, this limited resource would be used on frivolous party supplies rather than helping to detect cancer and saving lives. That's why you need intervention and a ban.
make them use co2 instead. lol
@@dangda-ww7de CO2 chemical properties isnt same as helium,and CO2 may cannot make it
GET RID OF THE FLYING BALLOONS AT THE MACYS THANKS GIVING DAY PARADE! THATS THE BIGGEST CONSUMER/RELEASER OF HELIUM GAS!!!!
Case Serket and nascar please...
Good. Balloons are freaking stupid and terrible for the environment anyway.
houchi69 Helium is how youre able to comment on this video right now lol
@@zammyz1 re-read their comment please.
Katrina Ubalde r/woosh
Yes
It'd be nice if people stop having parades and letting hundreds of them go on purpose
As others have said, there is no helium shortage, only a shortage of cheap helium. The atmosphere has 5 parts per million helium by volume at sea level. It's about a third as abundant as Neon, and neon isn't expensive. If we run out of helium reserves, we'll have to start getting it from the atmosphere with fractional distillation and the price will go up a lot.
So your telling me that helium, the second most abundant element in the known universe, is on a shortage on Planet Earth.
Strange times.
Yes that is what he said in the video.
Because helium is so light that it escape the atmosphere, only planet that have Helium in abundance is Jupiter with its high gravity.
The shortage has nothing to do with politics. Helium doesn't react with anything so there's few compounds it can be extracted from. It's difficult to store and it's lighter than air so it drifts to space. The sun fuses hydrogen into helium so if they ever figure out nuclear fusion we'll have more than enough.
There is no helium shortage, only a shortage of cheap helium.
Pavor o
Alvin and the chipmunks used all of it
I saw you on China uncensored
I saw you in the vid for Hong Kong Protest
Stupid chipmunks
I saw you at the tiananmen square massacre
Nope, but the voice actors used audio pitch editing software, which runs on computers that indirectly need helium, so you’re partially right. (I’m joking)
CNBC: we’re running out of helium
Also CNBC: let’s fill up a bunch of balloons with helium for b roll
orange224 lmfaooo
It’s called stock footage
Leo the Cat they didn’t credit anything in the description so it’s original footage or they’re bad at being a news organization
orange224 at the end of the video it credits Getty Images
_stock footage_
Wasting such a precious non-renewable resource like helium on stupid party balloons... Futures humans will be looking back at us for this....
It always confuses me why we sell helium for consumer use if its so rare.
soon everything will be commoditized, even heat, air, and water
@@hobomike6935 water and heat already. Need air? Go outside.
Idk, because we should be able to get it anyway?
What they failed to mention is that most helium was captured when new oil deposits were found and since the number of new oil discoveries is declining it causes a resultant loss of new helium deposits. We can't frack our way out of Peak Oil.
Yes we can!
The video actually did address this point
Hydrogen has one electron Helium has two we take a electron from Hydrogen the water on the EARTH and we make Helium it takes about two seconds !whoever said we are running out of helium is a liar !
Says Qatar and shows the flag of Bahrain, Qatar's flag is similar in design but maroonish in colour. Not red
They already mention this mistake in the description !!!!
They say cutter 😭
Who cares ?
This whole time I wondered how helium was extracted. Since it's straight up a noble gas, I assumed people somehow isolated it from the atmosphere and it is collected. Didn't think it'd be a finite resource that's extracted from age-old reserves.
Nice pfp
I thought the person at party city was lying!! I was wrong
GO BACK TO PARTY CITY WHERE YOU BELONG
I like how they pronounce Qatar as ‘cutter’
That's the correct pronunciation of it.
(At least close enough for most purposes)
@@joshual.7082 Nope
I dont
Ok Joshua, enlighten us to your “correct” pronunciation. Hmm? In my business career I spent a total of 12 years in Saudi. Every Arab from all of the Gulf states pronounces it “cutter” with a slight emphasis on the second syllable.
Sorry that comment was directed to the bloke who calls himself S4. He didn’t offer up his “correct” pronunciation. He just said “nope”. Come on S4, enlighten us all.
Oh.... So that's where the helium comes from.😅😅
Lol lmao
Not for long...
I've known this since I was little. I refused to buy balloons. My family loves parties and buy about 30 balloons for a party, so thats 16 parties a year. Not including graduations, anniversaries, baby showers, etc.
balloons are so problematic. like they don’t biodegrade and they’re using up helium. for what? a pARtY?
Who said they don’t degrade?
Cam& Magic who says they do
Depends on the balloon manufacturer.
LukeAsArts sure but the MAJORITY of them don’t and even if they do, they’re still using helium if you buy them already blown up
gabrielle smith they do. Everything does eventually different plastics and rubbers can take a lot of Time but they do degrade
Helium is similar to gold; it has a lot of really valuable, practical, beneficial applications but the industry is absolutely dominated by the frivolous idiot uses we can come up with for it, and that either destroys the supply or has the price skyrocket.
Captain here: The real reason why there're still party balloons is because. first: the margins are very good compared to selling to MRI scanners, second, we don't have the technology (yet) to make all the helium liquefied, there's always a "rest" product that cannot be converted to liquefied form, and that is sold as balloon helium.
That makes no sense. We can liquify helium. It's triple point is so low that we can't contain it for any period of time in non-cryogenic storage.
@@TucsonDude you need a liquefier for that, and that have high investment cost.
You cannot really liquefy and store it, it will eventually vaporize and you will have the same problem again. To liquify is very costly, customers are not willing to pay that amount. Critical industries get their helium so they do not need to worry about this
@@shoo682 I used to work at the Excel helium refinery in Amarillo, TX. We sold both liquified and highly compressed (~2000psi). To achieve a liquid state requires multiple interations thru a Jules-Thompson effect orifice if I remember correctly. You are correct that helium cannot be stored at room temperature regardless of pressure and must be stored in cryogenic Dewars which are still just temp storage.
Time to start using hydrogen for those party balloons. Explosively fun times!
it's because I'm inhaling
*HIGH PITCH NOISES*
Chuwie and a uranium byproduct
Ban party usage of Helium. Problem solved.
Kids won't like it
@@alextogo8367Best thing about Kids, they are programmable. Whatever is tough to them as being cool, they'll like.
@@barneystn7521
Yeah, that's ehat Uncle Ernie said. But I still don't like playing the "choo-choo goes into the tunnel" game.
At the very least, lemme be the choo-choo for once, Ernie!
It won't be a problem if were able to establish nuclear fusion
You used the flag of Bahrain for showing Qatar
Helium shortage, who knew it suffered A deflation
Nice
We dont need party balloons. They just end up in the ocean
@rob1248996 yes, get rid of all balloons!
Wow that explains all the signs at the dollar store saying that they are out of helium🤔
This has some facts but some major errors. The national reserve is a holding place for helium, not a natural supply. They can actually pump helium into the reserve for storage.
Here are some more details MRI machines use liquid helium. Liquid helium has a low boil point and quite a bit of it boils off during transfer. The helium that boils off in the process is often captured and sold as balloon/lifting gas. Yes, it is possible to refine this captured gas and re-liquefy it for use in MRI machines, but the cost of this is so high, that they would take a financial loss to do this. Instead, they sell it for balloons, airships, weather balloons and the like.
Also, helium is not as finite of a resource as you may have been led to believe.
We have a production shortage, not a supply shortage. Helium is found alongside natural gas and has historically been primarily sourced as a by-product of natural gas refining along with a few accidental pure heliums finds as well. Matter of fact there are some natural gas producers who do not find it economically worthwhile to capture and sale it, so they just release it into the atmosphere.
Also according to John Hamak at the Bureau of Land Management whom I contacted on this, party/decor balloons account for less than 1 percent of all helium usage.
The other thing is that Helium is actually constantly being created, albeit slowly from the radioactive decay of elements such as uranium. This gas slowly raises up to the surface and gets trapped in pockets.
The crazy thing is, up until only a few years ago, no one actually looked to find these pockets, we have only been using byproduct helium. But a few people and companies started to look for helium and found a massive supply in Tanzania (here www.bloomberg.com/news/articles/2017-11-07/tanzania-helium-find-may-be-double-first-estimate-explorer-says) and now another one in Tibet. (and here www.minagao.com/2018/05/10/the-discovery-of-helium-rich-hot-springs-in-the-ali-area-of-tibet-china)
So eventually all the easy access Helium may be gone, just as oil is. However, since helium is a product of radioactive decay there are some hopes that it may be possible to generate it from the fusion reactors that are being researched at the moment. No guarantees on that front, however.
But last I checked we had over a 300 year supply and growing.
This is an incredibly useful comment, thank you
I think party balloons can be just as fun or even more fun without helium. You can play ballon volleyball, keep off the ground, hot potato, or if it's a hot day water balloon fight with them ! with them. Plus you can reuse them a couple times if you tie them up correctly with a little rubber band or string. Also bonus if it's not a windy day your favorite balloon won't fly away.
i guess you can also fill the balloons with hydrogen, and explode the balloons.
Smiling Friends brought me here
Helium:Exists
Humans :breathing intensifies
Hey NY, STOP having the Macys day parade.
They will just rename it when Macy's finally folds.
That’s hot air balloons
@@Richardgg94 Negative.
That’s steam
You can mix limestone in water to produce similar gas.
Its call acetylene and it's very flammable
Wait America still uses Helium for their balloons?!
My local Dollar Tree ran out of Helium and hasn't had any for a while now :(
Rod A omfg same
Makes a video of why helium is running out, wastes helium in the video
Helium: am I a joke to you?
Why do I have the feeling going that this video is not trying to I form me about anything but instead is trying to convince us to buy more of it?
Was wondering why our local dollar tree has been out of helium for weeks
You guys helium shouldn't be banned in balloons but for now it should be suspended for use of balloons until we have a safe anount of helium to keep the MRI and internet running.
**Helium** was never in abundance at the first place..
To get more Helium, we need to continue the research on fusion energy whose byproduct is helium.
The amount of helium produced by fusion is INCREDIBLY small. That's one of the main benefits of fusion, it's incredibly energy dense, so you don't need that much hydrogen to get a massive fuckton of energy, thus you don't create much helium in the process.
Never the less, hell yes we should actually start investing in research on fusion energy. The funds for the research is incredibly low.
Wait did he just say something about internet I CANT LOSE MY ONLY FRIEND
Nice job ignoring the most important use of helium, WELDING. Mixed and pure helium are vital to welding and welding is far and away the most important metal joining process. Rockets and MRI machines would not exist without helium gas shielded welding, nor balloon manufacturers.
Can we combine hydrogens to make helium?
That takes intense pressure and a absurdly high temperature to do it. It is what stars do
idk, might need a trip to the sun for that
We can. Through nuclear fusion. It would give us unlimited clean energy and yield Helium as a waste product. We are able to do fusion, the problem is that it takes too much energy compared to the energy yield so right now it's not worth it. But possibly in the near future.
_"Can we combine hydrogens to make helium?"_
*Kim-Jong Un has joined the chat.*
Zhao W it’s impossible to get unlimited energy.
Forget party balloons! I can't party with the stuff that someone's life may depend on.
I am pretty sure Walter White could invented a way to manufacture helium if he was alive!
Jlo was complaining about not having enough Helium for her balloons lmao . Thanks Jlo , you thought me something
2020 Nobody talks about helium
Watching Smiling Friends has gotten me searching for these videos now
Fusion reactors will solve this problem in ca. 25 years.
They been saying that for 25 years
A easier solution is to collect helium from the moon, the moons surface has plenty of helium and it's doable instead of drilling the moon just scrape the surface the soviets did it in the 1960's we can do it now as well.
No they won't. A fusion reactor at 100% efficiency capable of serving the entire world's energy needs today would create about 300 kg of helium. If it's a more reasonable 10% efficient, that's still only 3T of helium, a tiny drop in the bucket compared to what we use today. And each reactor would produce it so slowly that it wouldn't even be practical to capture.
People underestimate just how much energy we can get from fusion. It takes almost zero fuel.
@@Tntexplodeslol Lol - Except it costs like 450 million USD per space shuttle mission, and that's only to the space station, not the moon.
The only reason we don't have blimps replacing airlines. If they did replace airlines, carbon emissions would significantly be reduced and the supply shortages we currently face would be minimized. The lack of helium is big problem and ppl have not realized just how it is holding back the human race.
I always knew those circus clowns were up to no good!
It's not running out at all it's just being incredibly mismanaged
Party balloons are just a waste of helium. Change my mind
Someone needs to figure out a way to extract it from space. I’m not giving up in balloons.
I'm starting to think that the helium shortage has to do with a hidden technology, like space travel power supplies, as in fusion engines.
No
I went to Party City and they had around a 100 balloons filled up with helium just for display. That seems extremely wasteful.
So I should be buying HELIUM and not crypto currency? Brilliant!
Just use liquid hydrogen. A bit more dangerous, but even lighter, and a lot cheaper. And easy to make.
“A bit” jk I know what you mean
In the video they said they use liquid helium for MRI, but at my university they use liquid nitrogen for the scanners so ya definitely alternatives out there
The world is running out of helium. 0:48 - wastes helium
I like how at 0:15 the CNBC article is the only one without a pun in the headline
Another correction at 3:26
Not only flag is wrong but they showed Bahrain country instead of Qatar!!!
We are running out because it was all used in the Allstate commercial
that party balloon is a waste of helium, and also when i'ts pop the polymer (rubber) is also a waste and become trash... didn't see any importance of party balloons in the future
While from strictly material point of view party balloons are entirely pointless and wasteful. But from a human point of view they can cheer people up and create a more fun environment. That in turn makes a more productive and satisfied workforce. Not everything should be seen from a physical and material point of view.
Back in the early 70’s, the Nixon Administration tried to terminate the special subsidy program of providing price support for the extraction of helium from Kansas natural gas fields under the mistaken belief that a surplus existed. Scientists raised the alarm how harmful this would be in the future. In the era of MRI machines and maser radio telescope receivers the need for helium skyrocketed. There was a mistaken belief that extraction from the atmosphere would be sufficient. As the late Hubert Humphrey stated, the Republicans know the cost of everything and the value of none!
Simple solution...stop selling them for baloons. Its getting wasted anyway.
Balloons are not necessary, save it for science, medical and other crucial industries that benefit the people on this planet.
Helium balloons need to be BANNED! It is a waste of such a rare and precious element.
Good thing they found the largest concentration of helium in South Africa
Kinda seems like where running out of everything doesn't it ...
It may shock you to know that the United States of America, and Qatar together produce 75% or 3/4 of helium gas on earth! Helium production in the United States is found in Texas, and Wyoming. Other countries that helium are Algeria, Canada, Poland, Australia, and Russia. He.
Basically no helium means no internet?
Wdym
Hydrogen balloons would be more fun anyway.
Hell yeah
currently it has affected supply of Fiber optics cable today 29/7/2022,, 4 days ago there is a report of shortage of fiber which has delayed fiber rollout projects for telecom companies such as Openreach BT,...
The world has much more serious problems to contend with.
why don’t we just switch to the next light gas for balloons and keep helium for mri scans and rockets and things
before even watching this: just make fusion reactors.
If they could figure out how to get it from space that would be great because the earth is already under a lot of pressure and we most protect our environment.
4:09 There... that is the problem. Who benefited? Calling it a privatization act, yet fixing the price of what would have otherwise been considered a rare resource for US infrastructure.
I blame the Balloonfest of 1986.
Cleveland Ohio doomed us all.
I live in the four corners and we don't want helium extraction to continue.
Ban helium balloons, blow your own party balloons
Its not a shortage issue...Its a demand issue...Saying its a shortage suggests a dwindling supply.
Even if that's not what it means that's what it sounds like.
And it doesn't escape into space...It just floats at the upper edge of our atmosphere.
I'm not reading anything about helium shortage
Welp. . I guess it's time to switch to Hydrogen.
No hydrogen can explode its unsafe unlike helium.
@@Tntexplodeslol huh must have personal experience with explosions
TNT Explodes LOL But what is the alternative if no helium exists? The US embargoed Germany's helium, so they had nothing else.
Fusion would help... still, we really don't need those balloons, get warm air or something...
NASA is going to the moon, plenty of Helium there.
Ya the first doable comment I've seen here.
Company’s getting to gas giants: guys lying on money
MRI machines use liquid helium. Liquid helium has a low boil point and quite a bit of it boils off during transfer. The helium that boils off in the process is often captured and sold as balloon/lifting gas. Yes, it is possible to refine this captured gas and re-liquefy it for use in MRI machines, but the cost of this is so high, that they would take a financial loss to do this. Instead, they sell it for balloons, airships, weather balloons and the like.
Also, helium is not as finite of a resource as you may have been led to believe.
We have a production shortage, not a supply shortage. Helium is found alongside natural gas and has historically been primarily sourced as a by-product of natural gas refining along with a few accidental pure heliums finds as well. Matter of fact there are some natural gas producers who do not find it economically worthwhile to capture and sale it, so they just release it into the atmosphere.
Also according to John Hamak at the Bureau of Land Management whom I contacted on this, party/decor balloons account for less than 1 percent of all helium usage.
The other thing is that Helium is actually constantly being created, albeit slowly from the radioactive decay of elements such as uranium. This gas slowly raises up to the surface and gets trapped in pockets.
The crazy thing is, up until only a few years ago, no one actually looked to find these pockets, we have only been using byproduct helium. But a few people and companies started to look for helium and found a massive supply in Tanzania (here www.bloomberg.com/news/articles/2017-11-07/tanzania-helium-find-may-be-double-first-estimate-explorer-says) and now another one in Tibet. (and here www.minagao.com/2018/05/10/the-discovery-of-helium-rich-hot-springs-in-the-ali-area-of-tibet-china)
So eventually all the easy access Helium may be gone, just as oil is. However, since helium is a product of radioactive decay there are some hopes that it may be possible to generate it from the fusion reactors that are being researched at the moment. No guarantees on that front, however.
But last I checked we had over a 300 year supply and growing.
Didn't mention Helium as a shielding gas for T I G welding aluminum.
Norman, Yes, it assists in making a hotter arc, than just straight Argon.
If Party City has to shut down stores because they can't sell balloons then they are not good at running a business plain and simple, they should just sell off the chain to a holding company who ACTUALLY knows how to make money.
So they looked at the sun with (an instrument) and saw something… how did people become in possession of said gas?
"A lot at stake"? we dont need baloons
Did you not watch to video? So much more important things use helium for cooling and other things.
@@pieman141 ...yea dude, thats why im saying to say companies like Party City have "a lot at stake" is crazy.
Completely ignored is Hydrogen can be produced easily for party balloons. It's just that it is so flammable.
Yeah, a bunch of children, a cake with candles, and several dozen "mini-Hindenburgs."
What could POSSIBLY go wrong?
@@bcubed72 mini Hindenburgs 😂😂😂😂