RE: 2022 predicted oil price by a family with plenty of skin in the game as they say!13 Dec 2021 15:08
One for the DOOM! Mongers, Why has this family put, one would assume it was 50 million $ into Australia gas, and Mr JCB has signed a billion+ £ contract with an Australian company for 10% of their Hydrogen production. That is the question, DYOR will explain! Yes it's for green hydrogen, but realistically this is an expensive stop gap for JCB, until much cheaper production from natural gas transpires.
Add to the mix Bosch's new domestic boilers are disigned to be easily converted to hydrogen, by 3 component costing £80 being changed. Might I suggest that business brains, understand our future needs and how to accomplish it!