According to OPEC’s 2009 World Outlook, world demand for middle distillate fuel, chiefly diesel, will grow faster than any other refined oil product, up to as much as 34.2 million barrels per day by 2030. The U.S. currently consumes around 19 million barrels of fuel per day, with diesel accounting for 3 million or around 16% of that amount.

Joule Biotechnologies, Inc, a producer of alternative energy technologies based in Cambridge, Massachusetts, announced in 2009 that it had made a major step forward in its’ development of renewable fuels. This step forward involves the direct microbial conversion of carbon dioxide (CO2) into hydrocarbons via engineered organisms, powered by solar energy. I know it sounds convoluted but the creation of renewable energy requires working around.. and I mean a long way around.. current technologies.

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