RE:RE:RE:Huge Article on DME on Seeking Alpha. Buckle UP
I read an old research paper that said the government never published the amount of HE3 reserves in texas because most of HE3 captured at that time was from decomissioning nuclear weapons. They didn't want anyone to be able to connect the dots on how many weapons were being decomissioned. Once someone discovered they had less than 2 years reserves they immediately started rationing HE3 and the price skyrocketed. That's the price you keep seing groundpounder reference. That''s also one of the reasons legislation was introduced to force privitazation of helium so that new sources would be discovered.
https://fas.org/sgp/crs/misc/R41419.pdf
excerpt from the article below
As shown in Figure 1, the decay of tritium held by the U.S. nuclear weapons program currently generates approximately 8,000 liters of new helium-3 per year. Historically, the price of helium-3 has been $100 to $200 per liter, with commercial prices rising to $2,000 per liter or more after the discovery of the shortage.