Is Earth's Helium Running Out? - Total Helium (2024)

Yes, the Earth is running out of helium because it is a nonrenewable resource. This is how Total Helium brings value to its investors and other stakeholders, by performing the important work of helium exploration and storage.

Helium is the second most abundant element in the universe, with hydrogen being the first. If that is the case, then why is helium so expensive? Why do companies need to actively engage in helium exploration if its supply is so plentiful? Why is there a shortage of helium in the market? Why are people investing in helium exploration companies?

The answer is that the Earth is running out of helium. In fact, helium is the only element on the periodic table that is considered a nonrenewable resource on Earth. According to NPR News, “helium is generated deep underground through the natural radioactive decay of elements such as uranium and thorium. ‘It takes many, many millennia to make the helium that’s here on the Earth,’ says Sophia Hayes, a chemist at Washington University in St. Louis. The helium seeps up through the Earth’s crust and gets trapped in pockets of natural gas, where it can be extracted.”1

What’s more, helium is so much lighter than air that it actually escapes the Earth’s atmosphere once it is released from those underground natural gas pockets unless it is stored properly. In other words, the helium that was inside every balloon that you have ever popped in your life is now floating around in space somewhere, never to be used again.

When you consider the facts that all of the helium that humans can currently use already exists and is trapped underground and that, unless that helium is recycled after it’s used it is lost into space forever, it becomes clear why Total Helium is heavily invested in the business of helium exploration and storage.

Total Helium (TSXV:TOH) is a publicly traded helium exploration, production and storage solutions company focused on bringing a reliable domestic supply of helium to the US market. The company’s footprint includes the largest continuous conventional natural gas and helium field in North America. In addition to helium production, Total Helium is also establishing an underground helium storage facility with its industrial gas partner to ensure that the United States has a stable supply of helium at all times.

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Categories: Resources

Is Earth's Helium Running Out? - Total Helium (2024)

FAQs

Is Earth's Helium Running Out? - Total Helium? ›

Yes, the Earth is running out of helium because it is a nonrenewable resource.

Is Earth running out of helium? ›

As helium is a non-renewable resource, the Earth is certainly running out of it. Why is the world running out of helium? Helium is the only element on the periodic table which is a non-renewable resource on Earth.

How many years of helium is left? ›

Others suggest between 100 and 200 years of helium usage could be a best estimate. Regardless of the estimates, the knock-on effects to industry could be huge, not to mention the constant volatile nature of helium prices. All “explainer” articles are confirmed by fact checkers to be correct at time of publishing.

Will all helium be gone in 15 years? ›

Once the gas leaks into the atmosphere, it is light enough to escape the Earth's gravitational field so it bleeds off into space, never to return. We may run out of helium within 25–30 years because it's being consumed so freely.

Is there a finite amount of helium on Earth? ›

There's a finite amount of helium on Earth. The largest reserves are in massive underground pockets in parts of Algeria, Qatar, Russia and the U.S. While the Texas stockpile is the largest source of helium in the U.S., it's not the only one.

Can helium be made artificially? ›

Can helium be made artificially? Helium can be found in abundance all over the universe. In fact, it is the second most abundant element known to man. Because of its chemical composition, it is not possible to produce helium artificially, which is why it is extracted from natural gas wells.

What will replace helium? ›

Argon can be used instead of Helium and is favoured for some metals. Helium is used for many lighter-than-air applications, and Hydrogen is a possible substitute for many where the flammability of Hydrogen is not a concern.

Who is the largest supplier of helium in the world? ›

Apart from being the world's main producer and one of the largest helium consumers, the U.S holds the most extensive helium reserves worldwide. As of 2023, the country's helium reserves amounted to more than 8.5 billion cubic meters, surpassing the reserves of runners-up Algeria and Russia combined.

Is there really a helium shortage? ›

Helium shortages seem unlikely

Already, shortages have been easing since the second half of 2023 amid a dip in demand from the chip industry, and major changes in helium supply would not be likely in the short term during the government review.

How much helium does it take to lift 1 pound? ›

It takes 16 cubic feet of helium to lift 1 pound. It takes . 5 cubic feet of helium to lift half a slice of bread.

Can we get helium back? ›

Atmospheric recovery of helium is nearly impossible.

Are balloons a waste of helium? ›

All released balloons, including those falsely marketed as “biodegradable latex,” return to Earth as ugly litter. They kill countless animals and cause dangerous power outages. Balloons are also a waste of Helium, a finite resource. Balloons can travel thousands of miles and pollute the most remote and pristine places.

Why did the US sell its helium? ›

It follows the National Research Council (NRC) report released in 20001 that assessed the impacts of the Helium Privatization Act of 1996 by which Congress directed the government to sell essentially all of the helium reserve to compensate it, the government, for its investment in the helium and in the helium's storage ...

What will happen when the Earth runs out of helium? ›

If our supply ran out, it could spell the end of MRI testing, LCD screens and birthday party balloons. Or it could make all of those things much more expensive. Although argon — another inert gas — can be substituted for helium for welding purposes, no other element can do what helium can do in super cold applications.

Are we in danger of running out of helium? ›

“However, the good news is that we're not running out of helium,” Trønnes says. The Earth's interior is absolutely enormous, and this is where the helium comes from. “It will continue to seep out through rocks and cracks forever,” he says.

Why do MRI machines need helium? ›

Keeping an MRI's magnetic current superconductive requires extreme cold. That's where helium comes in: With a boiling point of minus 452 degrees Fahrenheit, liquid helium is the coldest element on Earth. Pumped inside an MRI magnet, helium lets the current travel resistance-free.

Are we in a helium crisis? ›

Helium shortages seem unlikely

Already, shortages have been easing since the second half of 2023 amid a dip in demand from the chip industry, and major changes in helium supply would not be likely in the short term during the government review.

Is the Earth leaking helium? ›

The new research supports the idea that helium-3 is leaking from Earth's core and has been for some time, but the researchers aren't entirely sure when this process began. “The lavas are about 60 million years old, and the ascent of the mantle plume took perhaps tens of millions of years,” Horton said.

Will helium run out by 2030? ›

According to Nobel laureate Prof Robert Richardson of Cornell University, the US supplies 80 per cent of the helium used in the world at a very cheap rate and these supplies will run out in 25 to 30 years' time.

What do we need helium for? ›

Helium is used to cool thermographic cameras and equipment used by search and rescue teams and medical personnel to detect and monitor certain physiological processes. Various industries use helium to detect gas leaks in their products. Helium is a safe tracer gas because it is inert.

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