Bumping, as I encountered this last night and it felt very wrong. I was setting up to mass produce fuel, saw the recipe using Hydrogen and thought "perfect, a logical way to utilize this excess Hydrogen I have stored up", starting setting up to mass produce Solid Fuel to combine with the Hydrogen... then realized I'm doing an extra step for literally no value, because you're spending the same amount of Light Oil whether you use it directly or convert to Solid Fuel and them into Fuel by combining with Hydrogen.
The difference doesn't need to be drastic, but I definitely feel there should be some change here. The most obvious and easiest tweak is to simply improve the return with the Solid Fuel + Hydrogen recipe compared to the Light Oil recipe, either by improving the ratio for SF+H or making the LO ratio worse. (E.g., the SF+H recipe could produce 12 Fuel instead of 10, or the LO recipe might only produce 8 Fuel, or it could cost 75 LO instead of 60.)
Another idea would be to have the recipes available at different Tech Tiers or something along those lines, tho I haven't looked carefully enough at the Tech Tree to know how much sense this makes in practice.