%0 Journal Article %A Epple, Dennis %A Lave, Lester B. %D 2009 %T Helium: Investments in the Future %U https://kilthub.cmu.edu/articles/journal_contribution/Helium_Investments_in_the_Future/6705770 %R 10.1184/R1/6705770.v1 %2 https://kilthub.cmu.edu/ndownloader/files/12234794 %K Business %K Management %X

This article develops and implements a method for evaluating an exhaustible resource (helium) whose rate of production is governed by the rate of production of a second exhaustible resource (natural gas). We determine optimum future price and consumption paths, optimal production rates from various sources, and optimal storage policies for a number of scenarios. We conduct a sensitivity analysis to find which of several possible storage policies performs best for a variety of demand growth rates and discount rates.

%I Carnegie Mellon University