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Re: smith199 post# 7617

Monday, 10/16/2023 9:23:35 AM

Monday, October 16, 2023 9:23:35 AM

Post# of 7909
Good points, this is my favorite one that you’ve hit, storage and transport challenges

compressed hydrogen escapes easily through metals and plastics. Hydrogen makes most metals brittle, causing leaks



Someone recently received a sizable grant of taxpayer money to design and build an underground storage system for hydrogen

Hydrogen leaks through most materials (even rock) like mosquitoes going through a chain link fence

Helium, a significantly larger molecule, seep’s through mylar party balloons easily, even at nearly zero pressure

That’s why they visibly deflate after only a day or two

Hydrogen stored in underground reservoirs would be comically absurd if it wasn’t just another waste of our (and future generations) tax dollars

Yep, GSPE is in a market space that is being abused in every conceivable manner …

But that WILL CHANGE

Veterans of the oil and gas sector know this and they know how to work the cyclical swings

Another current dynamic that I don’t think is getting enough recognition, the military industrial complex vs green energy transition

Essentially it’s one group of enormous donors vs another group that is equally well funded

Historically, the former is always the victor

If Rogers becomes the speaker, that battle is over (look at who has huge MIC facilities in his state, Alabama, there are at least 8 of the biggest ones)

I would really like to see that dynamic play out on different terms though

And I really, really hope that hydrogen fusion doesn’t suddenly determine the outcome of any current geopolitical or socioeconomic conflict

I’m not an Aquarius but I will gladly wave that flag if it will bring peace and harmony

spec

WTI currently >$87

- Foglifter -