The worldwide Helium shortage is real. We really are running short of Helium.
Though the 2nd most abundant element in the known Universe (~24%) we only have finite quantities on earth — and it is expensive to extract. When we have used up what was there on Earth we are stuck. We haven’t worked out how to import Helium from outside of Earth. That is the problem.
We are running out of Helium — at least Helium we can readily obtain on Earth.
That is why prices are going up. Soon it will be too cost prohibitive to use Helium in party balloons. So, simple economics will prevent our wanton waste of Helium in balloons. We nee Helium for more serious things — including MRIs and scientific research.
But, don’t wait for price to force you from buying Helium balloons. Make the decision yourself. Please stop buying Helium balloons — as of RIGHT NOW. Thank you.