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Helium: the Shortage, the Demand, the Price, and the Prospects

Released on Monday, October 14, 2019•COMMODITIES

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Bob Shear from Rare Earth Exploration will give a brief summary of the current helium shortage, with discussion of historical and cutting-edge uses for helium and the rapidly increasing price for this element that is in very limited supply. He will also cover the prospects for finding future supplies of helium.

Bob Shear

Rare Earth Exploration, Executive VP

Bob Shear serves as vice president of Rare Earth Exploration, LLC. Mr. Shear handles many tasks with an aggressive attention to detail such as investor relations, project finance, and engineering. Mr. Shear has worked in the oil and gas industry for the past ten years gaining experience working in many capacities including finance, investor relations, and sales and marketing. Mr. Shear has focused much of his time in recent years on research relevant to the depleting helium supply and future demand potential for this valuable and essential commodity. Prior to entering the oil and gas industry Mr. Shear built a career in the electronics industry for USA Signal Technology as vice president of Engineering, Sharp Microelectronics of the Americas and Texas Instruments holding positions in applications and design engineering. Mr. Shear has a BSEE from Purdue University and an MSEE from SMU in electrical engineering.