[jasonlaramburu]

>When the cost of drilling oil and converting to gasoline outweighs the cost of manufacturing hydrogen, the current oil giants will pivot.

It is actually cheaper and greener to burn fossil fuels to make electricity for EVs, and just capture the CO2 emissions released than to produce hydrogen.

Virtually 100% of H2 sold today is 'blue hydrogen,' meaning it is derived from steam methane reforming of natural gas, a process that actually generates more Greenhouse Gas than simply burning natural gas [1].

'Green Hydrogen' produced from the electrolysis of water is incredibly expensive (about 3-4x more than Blue). Both are mature technologies that are unlikely to get cheaper at larger scale.

[1] https://onlinelibrary.wiley.com/doi/full/10.1002/ese3.956#:~....

[OnlyMortal]

I have faith, and it is only faith, someone will find a way to cheaply crack water at some point.