Slouching Towards Oblivion

Sunday, October 23, 2022

Another Chicken Comes Home To Roost


Seems like it wasn't all that long ago that "problems with the nation's strategic helium reserves" was very popular as joke fodder on the late night talk shows.

Yeah, go ahead - yuk it up, laughing boy.


The World is Running Out of Helium, Worrying Doctors

Liquid helium, the coldest element on Earth, is needed to keep the magnets in MRI machines running. Without it, doctors would lose a critical medical tool.


A global helium shortage has doctors worried about one of the natural gas’s most essential, and perhaps unexpected, uses: MRIs.

Strange as it sounds, the lighter-than-air element that gives balloons their buoyancy also powers the vital medical diagnostic machines. An MRI can’t function without some 2,000 liters of ultra-cold liquid helium keeping its magnets cool enough to work. But helium — a nonrenewable element found deep within the Earth’s crust — is running low, leaving hospitals wondering how to plan for a future with a much scarcer supply.

“Helium has become a big concern,” said Mahadevappa Mahesh, professor of radiology at the Johns Hopkins School of Medicine Baltimore. “Especially now with the geopolitical situation.”

Helium has been a volatile commodity for years. This is especially true in the U.S., where a Texas-based federal helium reserve is dwindling as the government tries transferring ownership to private markets.

Until this year, the U.S. was counting on Russia to ease the tight supply. An enormous new facility in eastern Russia was supposed to supply nearly one-third of the world’s helium, but a fire last January derailed the timeline. Although the facility could resume operations any day, the war in Ukraine has, for the most part, stopped trade between the two countries.


Tragedy of The Commons
In economics, the tragedy of the commons is a situation in which individual users, who have open access to a resource unhampered by shared social structures or formal rules that govern access and use, act independently according to their own self-interest and, contrary to the common good of all users, cause depletion of the resource through their uncoordinated action.

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