I didn't read this cuz I'm lazy right now, but I believe salt water will be the new oil. And that salt water will run our cars. We wouldn't run out for ages. But poor sea animals 
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If you're referring to electrolysis/fuel cells, please know that it requires electricity to split the water to produce the HHO gas. This means you would use a battery, which would charge using various methods. The battery is the energy source, not the water.