This sounds interesting, but I'm having trouble fact-checking it. Who knows 
about it?

http://www.timesonline.co.uk/tol/news/environment/article4133668.ece

Scientists find bugs that eat waste and excrete petrol
Silicon Valley is experimenting with bacteria that have been genetically 
altered to provide 'renewable petroleum'
>From The Times
June 14, 2008


Chris Ayres

“Ten years ago I could never have imagined I’d be doing this,” says Greg Pal, 
33, a former software executive, as he squints into the late afternoon 
Californian sun. “I mean, this is essentially agriculture, right? But the 
people I talk to – especially the ones coming out of business school – this is 
the one hot area everyone wants to get into.”

He means bugs. To be more precise: the genetic alteration of bugs – very, very 
small ones – so that when they feed on agricultural waste such as woodchips or 
wheat straw, they do something extraordinary. They excrete crude oil.

Unbelievably, this is not science fiction. Mr Pal holds up a small beaker of 
bug excretion that could, theoretically, be poured into the tank of the giant 
Lexus SUV next to us. Not that Mr Pal is willing to risk it just yet. He gives 
it a month before the first vehicle is filled up on what he calls “renewable 
petroleum”. After that, he grins, “it’s a brave new world”.



and so on.

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