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The helium shortage gets real

It could affect Thanksgiving.

“We’ve secured helium to meet some of our parade needs, and we are working to secure more,” Kim Stoilis, president and chief executive officer of the Houston Festival Foundation, said in an email Wednesday. “We’re excited about this holiday tradition and our parade director assures me that all of our balloons will be flying high on Thanksgiving morning.”

But the full impact of the helium shortage on the parade remains unclear. Parade organizers declined to specify how much more helium is needed or whether the shortage would translate into fewer floats along this year’s parade route.

“Due to the severe shortage of helium and our continuing negotiations to procure the resource we’d rather not discuss specifics,” Stoilis stated in the email.

[...]

The Bureau of Land Management, which maintains much of the nation’s helium supply, held about 43 billion cubic feet (bcf) of helium in 1960, but today holds only 13 bcf because the nation’s supply has been privatized, said Joseph Peterson, assistant field manager of field resources at the bureau’s Amarillo office.

Under the 1996 Helium Privatization Act, the land management agency has been charged with selling off the remaining supply of helium on federal lands as private industry and overseas production plants take over the role of helium extraction, he said.

But today, Peterson said, the worldwide supply of helium has not kept pace with the demand.

“The past few years (the shortage) has been crucial because everyone wants the helium for their parades,” he said. “In the past there have been a couple of suppliers that were able to meet that demand. There is still some helium available but there may not be a lot of balloons in this year’s parades (nationwide).”

I wrote about this last year. It’s all fun and games until the parade floats start being affected.

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One Comment

  1. If it’s a finite resource, why did Congress order them to sell it all off?

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