The U.S. just sold its helium stockpile.
Here’s why the medical world is worried.
NBC News,
by
Caroline Hopkins
Original Article
Posted By: Harlowe,
1/26/2024 2:05:28 PM
On Thursday, the U.S. government sold the Federal Helium Reserve, a massive underground stockpile based in Amarillo, Texas, that supplies up to 30% of the country’s helium. [Snip] Regulatory and logistical issues with the facility threaten a temporary shutdown as it passes from public to private ownership, and hospital supply chain experts worry the sale could have serious consequences for health care down the road--especially when it comes to MRIs. [Snip] The facility spans three states, each with its own laws. The federal government didn’t need to reconcile state-specific rules, but a private buyer would,
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Reply 1 - Posted by:
Birddog 1/26/2024 2:46:11 PM (No. 1645080)
just in time for Biden to claim a massive deficit reduction from the sale proceeds.
He did the same from selling off the petroleum reserves.
10 people like this.
Reply 2 - Posted by:
DVC 1/26/2024 2:47:41 PM (No. 1645082)
More effort to destroy medicine. MRI scanners, critical to health care, require liquid helium to cool the superconducting magnets which make them work. They want MRIs to cost a lot more, so fewer people will be saved.
Keep a few around for the ultra rich....but no MRIs for the peasants.
24 people like this.
Reply 3 - Posted by:
Hermit_Crab 1/26/2024 2:49:38 PM (No. 1645084)
They need to fly a bunch more helium filled spy balloons over America again / (still)?
4 people like this.
Reply 4 - Posted by:
Hermit_Crab 1/26/2024 2:57:20 PM (No. 1645096)
I see there is another Helium spy balloon (ours, not China's) up along the South Dakota / Minnesotsa border again, right now.
https://www.flightaware.com/live/flight/HBAL661
2 people like this.
Reply 5 - Posted by:
halfnorsk 1/26/2024 3:11:56 PM (No. 1645108)
Would it be reasonable to ask what's in it for The Big Guy?
6 people like this.
Reply 6 - Posted by:
privateer 1/26/2024 3:46:06 PM (No. 1645122)
Why not? The Pigwoman sold a lot of our Uranium, and Pres. Bok Choy sold our Strategic Petroleum Reserve.
7 people like this.
Reply 7 - Posted by:
DVC 1/26/2024 3:58:43 PM (No. 1645128)
And the USA has far more MRIs than anywhere else. Example, USA has two to three times as many MRI machines per capita than any other country, except Japan. Canada holds down 25th place, well behind Turkey, Chile and Lithuania.
That wonderful Canadian health care system. Wait years for an MRI.
In KC, I needed one, was given the choice of one in a hospital for $2500 or one in a 'diagnostic imaging center' for $1000. Even though insurance would cover it, I chose the 'diagnostic imaging center'. A super nice place, pleasant and friendly, skillful staff, short wait time in huge waiting room. THAT's from competition. Oh, yeah, I got an appointment two days after calling to check.
14 people like this.
Reply 8 - Posted by:
Scribelus 1/26/2024 6:25:30 PM (No. 1645201)
Ongoing Death by Democrat.
4 people like this.
Reply 9 - Posted by:
MickTurn 1/26/2024 6:28:42 PM (No. 1645205)
Double Darn it, I was hoping to take a Blimp Ride in the near Future, Now I'll have to provide my Own GAS!
1 person likes this.
Reply 10 - Posted by:
EJKrausJr 1/26/2024 6:29:42 PM (No. 1645206)
Hunger Games medicine brought to you by our Government.
2 people like this.
Reply 11 - Posted by:
skacmar 1/26/2024 6:48:39 PM (No. 1645225)
I did not see WHY the Congress thought it was a good idea to sell off the US reserve supply of Helium to a private party. Now, everyone will be surprised when Helium prices skyrocket. Congress will say that action needs to be taken to get precious gas prices under control. They just gave away the helium market, just like they did uranium and so many other precious metals then feign ignorance of their own actions that led to the problems. This was a stupid government decision.
4 people like this.
Reply 12 - Posted by:
smak90 1/26/2024 7:47:41 PM (No. 1645254)
It's all about purposely creating shortages and putting the blame on others.
4 people like this.
Reply 13 - Posted by:
snakeoil 1/26/2024 8:09:09 PM (No. 1645266)
My congress critter Hank Johnson is on top of the helium issue.
https://www.youtube.com/watch?v=jyNFi8hMunQ
1 person likes this.
Reply 14 - Posted by:
jasmine 1/26/2024 9:37:55 PM (No. 1645285)
The article itself doesn't even try to explain how our national interest is served by our government selling our helium reserves at a time where there are worldwide shortages of that resource. The 1996 legislation ordering the eventual sale was passed during the Clinton administration and signed by Bill Clinton. Today we live in Biden's America, where shortages are a constant burden. Nevertheless, yesterday a private, foreign owned company took ownership of our America's helium production facilities.
It appears not everyone thought selling off our helium reserves was a good idea, as I learned when I started to read the link below. Did I just miss discussions from the MSM and our politicians? Or was this kind of a hush-hush deal?
https://www.nsf.gov/attachments/118193/public/SellingTheNationsHeliumReserveSummary.pdf
1 person likes this.
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The sale was first mandated by Congress in 2013 and was to happen in 2021 but delayed due, partially, to the same issues threatening shutdowns today. A government spokesman said the sale would not constrict helium supply. Helium is sold to hospitals, semiconductor manufacturers, NASA and others. University of California doctors use MEG scanners to plan pediatric brain surgeries; if no helium, surgeons are forced to “operate without detailed brain maps.”