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NY Times: Privatisation of the US Helium Reserve

The US government's auction of its federal helium reserves near Amarillo, Texas, to private entities like Messer LLC has sparked widespread concern across various industries reliant on helium, from medical technology to aerospace. Despite fears of a supply chain crisis potentially impacting critical sectors and national security, the government assures that the privatisation, mandated by the 2013 Helium Stewardship Act, will not significantly affect helium availability. Meanwhile, the industry braces for potential short-term supply-demand challenges, with hopes for stabilisation and alternative solutions on the horizon.

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Evolution of the Cliffside Helium Reserve

The Cliffside gas field in North Texas, discovered in 1924, has played a pivotal role in helium storage since 1945 when the US government began injecting helium to counteract shortages during wartime

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