Really? I mean really, really? In what conceivable version of a rational universe would the price of LNG ever exert a meaningful influence on the commerciability of hydrogen? Has anyone—anyone with a pulse and a calculator—actually examined the true cost stack of hydrogen?
Production alone already costs more than the priciest LNG ever sold or even imagined. We could take the most astronomically overpriced LNG in the entire history of hydrocarbons, double it for good measure, and it would still come out cheaper than hydrogen. And let’s be clear: production isn’t even the ugliest line item on the balance sheet.
Consumer nations, ever allergic to economic honesty, prefer to outsource the mess. They think if the alchemy happens in some faraway sandbox, the numbers will magically improve. Spoiler: they don’t. Because then come the logistical hydras—transport, storage, distribution—each more voracious than the last. And from what I’ve seen, those costs make production look like a charity raffle.
This circle cannot be squared. Not with subsidies, not with slogans, and certainly not with all the pixie dust and unicorn piss the green priests can summon. Hydrogen, as an economic proposition, is the philosopher’s stone of modern energy policy: endlessly promised, never delivered.