For example you can transports natural gas in plastic pipelines - can't do that with hydrogen since it will leak right out.
Homes often have cast iron pipes for natural gas - can't put hydrogen in those because you will make the metal brittle.
There are metals that can handle it, but it would be unrealistic to replace everything.
There's a lot of overlap between these in some areas like home heating and BBQs, but each application requires some engineering to make it work with any particular fuel.
The energy storage density of hydrocarbons make them more practical as a fuel in situations where portability is a concern. For example: You could have a hydrogen BBQ, but the tank would probably have to be much larger for the same amount of burn time.
Isn't the opposite true? I mean, hydrogen at 700 bar has a specific energy of 142 MJ/kg while hydrocarbons in general have less than 60 MJ/kg.
There are a lot of processes that use methane for the hydrogen though.
So far the process to do this involves a lot of messy intermediate steps, like hundreds of millions of years and enormous pressure in the mantle of the Earth.
http://www.audi.com/corporate/en/corporate-responsibility/we...
(mentioned on https://en.wikipedia.org/wiki/Sabatier_reaction)
Who knows what the economics really are, but they don't sound dire.
We need energy in portable forms (and have other uses for hydrocarbons). Getting that energy from clean sources and storing it with atmospheric CO2 is better than burning fossil sources of energy.
But to be cost-competitive with fracked methane, I'm pretty sure we're going to need some heavily genetically-engineered strains of algae, growing in artificial forests of pipes.
The irony is that algae can be used to clean up fracking wastewater, so it makes methane production cheaper as it competes.
The promise of syntetic fossil fuels from things like water and CO2 is that you don't need a lot of land, you just need energy, and that energy can be renewable.
So the question is what is that source of energy, and whether we could simply connect the source directly to where the energy is needed and cut out the middleman H2.