Northern MN helium discovery prompts proposed regulatory framework for gas, oil production

Perhaps best known for filling party balloons and causing Mickey Mouse voices, helium is a critical element for many industries ranging from semiconductors to fiber optic cables. One of its biggest uses is as a coolant for MRIs.

A new mining boom could be underway on the Iron Range following the discovery of a large, highly concentrated reservoir of the colorless, odorless, tasteless and non-toxic gas.

Helium’s discovery in northern Minnesota earlier this year is a win for an area that could use it, said Rep. Roger Skraba (R-Ely). Leaders recognized the potential immediately, he said, but soon asked the question: “Now what?”

The answer could come from HF5350 that would establish a fair royalty structure on state lands and provide environmental protections while developing the industry, said Rep. Dave Lislegard (DFL-Aurora), who sponsors the bill.

As amended, it was approved Wednesday by the House Environment and Natural Resources Finance and Policy Committee on a voice vote and is headed to the House Ways and Means Committee. Read more