You've no doubt noticed that since the war with Iran broke out, gas prices have spiked: up more than 50% since January.
asserted
prices → notice → January
The world — and the war — don't function without it.
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world → function → it
No new cellphones, laptops, cars, MRI machines, missiles: all require this finite and irreplaceable resource.
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all → require → resource
The closing of the Strait of Hormuz in February trapped one-third of the global helium supply.
asserted
closing → trap → supply
Then just weeks later: Iranian strikes on Qatar's major gas facility further rattled the supply chain.
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strikes → rattle → chain
With the extent of the damage unknown, American industry is left desperate for answers as the helium crisis remains up in the air.
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crisis → leave → air
Last march as a new war raged, Iranian missiles and drones hit military targets throughout the Middle East: oil tankers stuck in the Persian Gulf, and energy infrastructure.
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missiles → rag → Gulf
All of it meant to destabilize the global economy.
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All → mean → economy
One of those high value targets attacked: Ras Laffan in Qatar - the world's largest facility for natural gas – and its byproduct helium.
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One → attack → gas
7,100 miles away at the University of Chicago, Joe Sachleben was watching closely from his lab.
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Sachleben → watch → lab
When you heard the news that there was an attack on the facility in Qatar, where did your thoughts go?
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thoughts → hear → Qatar
Um I hope that people weren't hurt was first.
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people → hope → ?
And then second, it's like, this is gonna be a problem.
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this → go → ?
I mean, I won't say the words - I was thinking.
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I → mean → words
But, you know, it's, like, crap.
asserted
it → know → ?
We're gonna have to deal with this and I might not be able to get helium.
uncertain
I → go → helium
In Sachleben's lab, these machines are used by students, but also for higher stakes research to develop breast cancer drugs, immunotherapies, and treatments for Alzheimer's.
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machines → use → Alzheimer
So every couple months, Sachleben uses this long tube to pour 100 liters of helium on these magnets to stabilize them at 452 degrees below zero Fahrenheit.
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Sachleben → use → Fahrenheit
Once it gets to a critical level, we have to put helium back in the magnet to keep it cold.
asserted
we → get → it
If that doesn't happen, w-- we break the magnet.
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we → happen → magnet
You-- you've got problems if that doesn't--
Joe Sachleben:
asserted
that → get → problems
We have--
Jon Wertheim: --happen.
asserted
We → --happen → --happen
You're saying there-- there's no workaround here.
asserted
You → say → ?
There-- there's no other substance you can substitute in?
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you → be → ?
Nothing else boils that low.
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Nothing → boil → that
Sachleben's lab contracts with one supplier to deliver the helium he needs each month.
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he → contract → helium
First U of Chicago's supplier placed Sachleben and his colleagues on what's called "allocation," essentially rationing.
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what → place → Sachleben
They basically have said, "Well, we'll give you 50% of what you used last year."
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you → say → what
That doesn't help us.
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That → help → us
And so what we have to do is decide which machine are we going to sacrifice and which one are we gonna try to keep.
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we → do → one
That's where we are now if we can't get the helium.
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we → get → helium
Fortunately, we found another supplier that is giving us helium on a fairly regular basis.
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that → find → basis
But they can't guarantee it.
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they → guarantee → it
So we never know if they're gonna say, "Oh, this week, we don't have any."
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we → know → any
Then last month, Sachleben got a message saying that supplier was about to run out.
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supplier → get → message
One fifth of the world's helium is consumed by the semiconductor industry alone to make every modern day electronic you might use, from your iPhone to your pacemaker.
uncertain
you → consume → pacemaker
Outside Minneapolis, we visited one of those chip makers, Polar Semiconductors.
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we → visit → makers
We suited up alongside Surya Iyer, Polar's president and COO, to go inside what's called the "Fab", the ultra sterilized area where they make the chips.
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they → suit → chips
You wonderhow-- how many people going to the Mall of Americas have no idea what's going on a few hundred yards away.
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what → go → idea
Inside, workers in round-the-clock shifts manufacture semiconductors for engine systems in cars, the U.S. military, and those ubiquitous data centers around the country.
asserted
workers → manufacture → country
…and 97 more, not listed.