The problem with helium

The Independent explains how the world's helium is running out:

Scientists have warned that the world's most commonly used inert gas is being depleted at an astonishing rate because of a law passed in the United States in 1996 which has effectively made helium too cheap to recycle.

The law stipulates that the US National Helium Reserve, which is kept in a disused underground gas field near Amarillo, Texas – by far the biggest store of helium in the world – must all be sold off by 2015, irrespective of the market price.

The experts warn that the world could run out of helium within 25 to 30 years, potentially spelling disaster for hospitals, whose MRI scanners are cooled by the gas in liquid form, and anti-terrorist authorities who rely on helium for their radiation monitors, as well as the millions of children who love to watch their helium-filled balloons float into the sky.

Further down, though, the article says all the helium may be gone within 100 years.

So how much should a helium balloon cost?:

Professor Richardson believes the price for helium should rise by between 20- and 50-fold to make recycling more worthwhile. Nasa, for instance, makes no attempt to recycle the helium used to clean is rocket fuel tanks, one of the single biggest uses of the gas.

Professor Richardson also believes that party balloons filled with helium are too cheap, and they should really cost about $100 (£75) to reflect the precious nature of the gas they contain.

Soon it'll be hydrogen balloons for the kiddies, but only if their parents don't smoke.