From: [email protected] It seems oils companies like Amoco, Shell have participated the research. Today they participate investment in renewables, like do oil kingdoms, to prepare for the transition... There is the cynical PoV, which should not be overlooked. The Exxons of the world do not necessarily see themselves as oil companies so much as "enablers of personal transportation". They want your $30 and up, per week, and do not care if they get it by leasing to you a device or an alternative fuel. They are not going away.
If LENR turns out to be long-term commercial reality, then the initial cost
of the devices will be higher than most of us want to believe, since that
price will be governed by typical supply and demand dynamics - with demand
pushing prices to the limit. The savings will not be passed on to the end
user.
The oil companies have cash. They can, and will, buy the entire output of an
LENR factory and control the supply. Then they can use LENR to make a
substitute for gasoline, and they will be happy to do it that way.
This is why hydrogen fuel has appeal to Big Oil and is not a threat. The
auto engine is adaptable to hydrogen.
The cynics-amongst-us suspect that the price of LENR devices to most
consumers will appear to be higher than the cost of a substitute fuel made
from electricity, and that although the price of electricity may stabilize,
it will never go down, even as costs to produce it go down.
The filling station of the future may be a fast-recharging station, or a
hydrogen fuel station, or a drop-in LENR device supplier - owned by Exxon
and powered by Hot-Cats. That is the cynical PoV.
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