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Science & Technology
Helium discovered in Minnesota as US supplies dwindle
2024-03-04
[FOX Business] A potential helium reservoir was discovered in Minnesota last week after drillers bored deep beneath the forest floor of the state’s Iron Range as supplies of the noble gas dwindle in the U.S.
Hanger #1, Mountain View, CA. from an old photo.
Pulsar Helium Inc., a Canadian-based company, announced in a news release on Thursday that its team encountered gases with concentrations of up to 12.4% helium when its drilling rig reached a total depth of 2,200 at the Topaz Project drill site. Helium concentrations above 0.3% are considered economically viable.

Thomas Abraham-James, Pulsar’s president and CEO, said he is "delighted" about the "outstanding result."

"It is a big day for helium exploration, confirming the original discovery in the new jurisdiction of Minnesota. I look forward to keeping the market updated with further results as they are received," Abraham-James said.
Posted by:Besoeker

#4  The reason for people in the area talking funny has been found.
Posted by: Deacon Blues   2024-03-04 14:21  

#3  Well duh. That's why it's at the top of the map.
Posted by: ed in texas   2024-03-04 11:47  

#2  Jan. 25, 2024, By Caroline Hopkins
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.
Once the deal is finalized, the buyer — which will likely be the highest bidder, the industrial gas company Messer — will claim some 425 miles of pipelines spanning Texas, Kansas and Oklahoma, plus about 1 billion cubic feet of the only element on Earth cold enough to make an MRI machine work.
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.
Posted by: Huputle Cherelet4131   2024-03-04 09:08  

#1  I'm sure there is some endangered species - which nobody ever heard off before - that will be harmed by extraction.
Posted by: Grom the Reflective   2024-03-04 03:55  

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