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If energy is stored in chemical bonds, and bond formation is always an exothermic process, doesn't that imply that bond formation both stores and releases energy? How is this possible? I'm clearly not understanding some basic tenet of chemistry. For example, H+ and OH- neutralize to form H2O.
In exothermic reactions, some of the reactants' potential energy or enthalpy is released into the surroundings, usually in the form of heat. As a result, the enthalpy of the products is less than the enthalpy of the reactants. The enthalpy change for an exothermic reaction is always negative.