Today, scientists all over the globe are working to create fuels with the same properties but without that pesky 100 million-year wait. And "renewable petroleum" is now a reality, on a small scale, in some laboratories.
The biotech company LS9 Inc. is using single-celled bacteria to create an oil equivalent. These petroleum "production facilities" are so small, you can see them only under a microscope.
Source : CNN.com
Link : http://edition.cnn.com/2008/TECH/science/08/12/bug.diesel/index.html
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