Energy is plentiful, but it is not in the right places. So surely the economics of transporting energy are going to count transmission/transport costs/efficien

Energy is plentiful, but it is not in the right places. So surely the economics of transporting energy are going to count transmission/transport costs/efficiency not production efficiency? Some form of synthetic fuel made from Hydrogen plus CO2 has a very good chance of being a winner here, given the extensive infrastructure we have for liquid (and gaseous) fuels. I am no expert but this seems very clear to me. What do I have wrong?