Will the U.S. Gov’t find a solution to the helium shortage?

Posted at March 15, 2023 Posted In Helium, Investing, Taxes

Helium Supply Risk Pressures the US Government to Bring a Solution by March 2023

Helium prices in the US continuously fluctuate due to the supply shortage and rising demand for the product. It’s primarily used for semiconductors, fiber optics, and Magnetic Resonance Imaging (MRI) producing units.

Despite the predicted global economic recession, the manufacturers are ready to accept the challenge and operate the industrial units with less capacity rather than completely shutting them down.

As a result, the demand for Helium from the automotive and healthcare sectors is pressuring manufacturers to increase production capacity, yet the supply shortage hinders the procedure.

Currently, the United States holds most of the Helium gas production capacity in the global market and exports to Asian and European countries.

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