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For a long time there was not much use for helium, so it was wasted (vented in to the atmosphere). Then we started storing it. Then we sold off the stored heliu
by db48x 8y ago
For a long time there was not much use for helium, so it was wasted (vented in to the atmosphere). Then we started storing it. Then we sold off the stored helium, driving the prices down. Now we're out of stored helium and the prices are going up again.
- Simulacra 8y agoAnd so we’re just back to letting the market decide, or will there’s be a replenishing of the reserve?
- db48x 8y agoDemand must be a lot higher than it used to be, or we wouldn't have been able to sell the reserve fast enough to deplete it. As the price rises, some uses of it won't be worth the cost, and critical uses will have to become more efficient. I doubt demand will drop so much that there will be a large reserve again.