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In 2019 a global shortage of helium sharply reduced supply for helium-filled balloons, due to the US rationing helium because of a reduction in supply by 30% stemming from a Saudi-boycott of producer country Qatar, impacting party stores such as Party City, one of the reasons the company cited in closing 45 of its 870 stores. [6] [7]
Party City is closing 45 of its 870 stores this year, the company said Thursday. The company typically closes 10 to 15 stores annually. Party City is closing 45 stores amid a global helium ...
In 2015 author and right-to-die advocate Derek Humphry reported that Worthington Industries, the world's largest manufacturer of disposable helium cylinders, had announced that their helium cylinders will guarantee only 80% helium, with up to 20% air, making them inappropriate for use with a suicide bag in Humphry's opinion. [23]
To ensure that the revenue from future sales would amortize the cost, the Secretary of the Interior raised the price of high purity helium from $12 per thousand cubic feet to $35. [1] [4] This price jump was an incentive for private companies to enter the market and sell helium at lower prices.
Party City's headquarters are in Woodcliff Lake, New Jersey. [3] Party City is the largest retailer of party goods in Canada, Puerto Rico, and Mexico. Party City operates over 850 [4] company-owned and franchise outlets in over 70 countries around the world under the Party City, Halloween City, Toy City, Factory Card and Party Outlet brands.
Map showing helium-rich gas fields and helium processing plants in the United States, 2012. From USGS. Helium production in the United States totaled 73 million cubic meters in 2014. The US was the world's largest helium producer, providing 40 percent of world supply. In addition, the US federal government sold 30 million cubic meters from storage.
The Crude Helium Enrichment Unit in the Cliffside Gas Field. Remnants of the Amarillo Helium Plant in 2015. The National Helium Reserve, also known as the Federal Helium Reserve, is a strategic reserve of the United States, which once held over 1 billion cubic meters (about 170,000,000 kg) [a] of helium gas.
In addition to physiological disadvantages, the use of trimix also has economic and logistic disadvantages. The price of helium increased by over 51% between the years 2000 and 2011. [11] This price increase affects open-circuit divers more than closed-circuit divers due to the larger volume of helium consumed on a typical trimix dive.
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