Agree. Who has a ready logistics and storage solution for moving large quantities of fuel? The oil companies of course. Don't forget that they also have large resources to invest in a new technology.

Additionally if this process can harness a renewable energy source, even at a poor efficiency level, then it provides a store-able, transportable energy resource that currently doesn't exist.

I love the idea of retaining the internal combustion engine, even with all of its faults it is what we all visit passionford for....