Well, this is technically true, and already being done today with gas and petroleum. Converting it back-and-forth to electricity isn't easy nor very efficient,

Well, this is technically true, and already being done today with gas and petroleum. Converting it back-and-forth to electricity isn't easy nor very efficient, though. Hydrogen is a bit easier, although still lossy. I'd say it's doable, and not as bad as it sounds, if you really have excess production. inb4 compressed air supertankers. That said, it will in most cases be less expensive to use it as close to the originating point as possible if you can find a need for it.