Is the price of hydrogen fuel cells going to increase with the price of gassoline?
The price of hydrogen fuel cells is connected to the price of platinum, not oil. Ideally, the price will drop as we figure out how to use less platinum, or figure out how to use some other catalyst. The price of the hydrogen fuel is very closely connected to oil, because it is made from the steam conversion of natural gas. The price of natural gas is connected to oil because they are competing energy sources. Once we have enough electricity to produce hydrogen from water, the cost of oil, coal, and natural gas will pretty much dictate the cost of the hydrogen, because most of the non-fossil electricity will still be more expensive than the fossil fueled electricity. The only time fossil fuels will not dictate the price of hydrogen is the point at which fossil fuels will either be very rare (100’s of years in the future), or so highly regulated (a decade or two) that they will be ridiculously expensive. At that point, non-fossil electricity produced hydrogen will be expensive, but not s
the answer is yes! that all you need to know! the reason is quite long but if your arsed >> oil drives up the price of everything if a company needs oil to manufacture the hydrogen the’re going to have to buy it then the oil tanker needs to be paid fuel charges for the driving then the staff at the hydrogen plant need to drive 2 and from work the’re going to need oil there also going to need food which was transported by things that used oil so the foods taxed for that then the farmers machinery needed to process the food needs oil he has to charge for fuel on top of his selling price the shop’s insurance company has staff that need to buy food and drive to and from work they need oil so when oil prices go up everybody has to pay more because everybody needs more money for the higher oil prices this is called inflation now im sorry about the lecture on economy but it provides the basis of the answer!
