localStorage does not expire by default, to cite the Web Storage
specification[1]:
"User agents should expire data from the local storage areas only for
security reasons or when requested to do so by the user"
I'm not sure whether Chromium removes or expires data based on
security reasons, but am not aware it does.
You can manually remove the information by going to the Settings,
"Under the Hood", "Clear browsing data.." and checking the "Delete
cookies and other site data" box.
Kind regards,
Peter Beverloo
http://peter.sh/