Mining helium in Montana with a rig owned by Bo Sears and Weil Resources Group
The price of crude helium set by the federal government has skyrocketed in the past three years, jumping from $64.75 to $84 per 1,000 cubic feet, as supplies of the element have tightened amid increasing demand, primarily in Asia. The price crunch could get much worse as the Bureau of Land Management -- which supplies about 30% of the global supply of helium -- prepares to shut down the federal helium reserve outside Amarillo, Texas.
|Where should you put your money now?|
|The surgeon who gave Steve Jobs a new liver - and two more years - faces new questions|
|How to bet against the bitcoin megabubble|
|Social Security payout: How long do you think you'll live?|
|Why universities are money pits|