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Underground hydrogen could be the new oil/gas
Posted on 7/20/23 at 8:55 am
Posted on 7/20/23 at 8:55 am
Exploration is ramping up around the world so if it goes well there could be vast resources of hydrogen found in the ground. And unlike oil and gas, it's continually being produced at depth by a reaction between iron-rich rocks and water. There are all kinds of historical reports of hydrogen from oil wells and there's a working field in Mali that produces it for 50 cents/kg.
The attraction is that it's a zero carbon fuel that can be used for commercial transportation to begin with and maybe cars if the volume of storage needed can be shrunk although low temps needed are a problem. Can also be used as a fuel source at power plants, Entergy's new plant near Orange is planned to have hydrogen capability. Replacing gas in homes is theoretically possible too.
It's not totally clean as burning it creates Nox emissions like any similar combustion process.
As with all green shite, I'm just interested in money making potential. I have a very small investment in a company on the verge of drilling their first well in South Australia and I'm sure we'll see more public companies going after the resource nearish-term.
The attraction is that it's a zero carbon fuel that can be used for commercial transportation to begin with and maybe cars if the volume of storage needed can be shrunk although low temps needed are a problem. Can also be used as a fuel source at power plants, Entergy's new plant near Orange is planned to have hydrogen capability. Replacing gas in homes is theoretically possible too.
It's not totally clean as burning it creates Nox emissions like any similar combustion process.
As with all green shite, I'm just interested in money making potential. I have a very small investment in a company on the verge of drilling their first well in South Australia and I'm sure we'll see more public companies going after the resource nearish-term.
15
Posted on 7/20/23 at 8:57 am to Diseasefreeforall
I feel like I’ve heard more recent chatter about hydrogen fuel cells recently. Is this about to blow up, no pun intended?
Posted on 7/20/23 at 8:58 am to Diseasefreeforall
Explosive News if true
Posted on 7/20/23 at 8:58 am to Diseasefreeforall
Posted on 7/20/23 at 8:58 am to Diseasefreeforall
If you live in LA you need to be against this. Right now we have a pretty good thing going with the OG industry. A lot of lively hoods depend on it therefore we have to keep the status quo.
Posted on 7/20/23 at 8:58 am to Diseasefreeforall
pretty sure hydrogen is fake.
Posted on 7/20/23 at 9:05 am to deathvalleyfreak43
quote:
If you live in LA you need to be against this. Right now we have a pretty good thing going with the OG industry
Is that why all their regional corporate offices and HQ’s moved to Houston? .
quote:
lively hoods
Definitely a lot of lively hoods in La.
Posted on 7/20/23 at 9:11 am to Chad504boy
quote:Birds too.
pretty sure hydrogen is fake.
Pseudo science put forth by Big Science.
Posted on 7/20/23 at 9:13 am to deathvalleyfreak43
quote:
If you live in LA you need to be against this. Right now we have a pretty good thing going with the OG industry. A lot of lively hoods depend on it therefore we have to keep the status quo.
With all of the investment in batteries, nuclear, hydrogen and even potentially fusion, things will change. It'll probably take a decade but there's no stopping the next gen tech.
Louisiana's not doing a bad job attracting business for the "green" economy. I'm also invested in Origin Materials, which plans to build their first large chemical facility in Geismar.
Posted on 7/20/23 at 9:15 am to Diseasefreeforall
sooo...whats the ticker of the company you invested in?
Posted on 7/20/23 at 9:15 am to Diseasefreeforall
Posted on 7/20/23 at 9:16 am to Pezzo
quote:
sooo...whats the ticker of the company you invested in?
GHY traded on the ASX.
Posted on 7/20/23 at 9:26 am to deathvalleyfreak43
quote:
you live in LA you need to be against this. Right now we have a pretty good thing going with the OG industry. A lot of lively hoods depend on it therefore we have to keep the status quo.
I'm pretty sure that LA is one of the states taking the leads on hydrogen production.
It's the Oil and Gas industry afterall and Louisiana has tons of natural gas.
Posted on 7/20/23 at 9:29 am to KamaCausey_LSU
Yes Louisiana for once is in on the ground floor of this. And it’s good because this is the next O&G boom
Posted on 7/20/23 at 9:31 am to Diseasefreeforall
The car accidents will look like A-Team reruns
Posted on 7/20/23 at 9:33 am to Diseasefreeforall
I work for a company that sells compressed hydrogen, and can confirm that in the last 12-18 months our hydrogen business has been booming. We can’t keep a full bulk trailer on the yard to save our lives.
Posted on 7/20/23 at 9:38 am to Diseasefreeforall
quote:
And unlike oil and gas, it's continually being produced
Funny how you and others assume oil isn’t continually being produced as well
Posted on 7/20/23 at 9:55 am to deathvalleyfreak43
quote:This is sad bro. Fighting against economic development to maintain the status quo, and you probably wonder why Louisiana is last in everything.
If you live in LA you need to be against this. Right now we have a pretty good thing going with the OG industry. A lot of lively hoods depend on it therefore we have to keep the status quo.
Posted on 7/20/23 at 10:19 am to Diseasefreeforall
Uuuhhh, most hydrogen is obtained through steam methane reforming. So uh, invest in gas extraction.
Posted on 7/20/23 at 10:27 am to Diseasefreeforall
Hydrogen will power planes and ocean going vessels before anything else does…trains and big rigs also.
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