Not sure it's good news to make gasoline cheap again, but scientists have created a technique to make gasoline directly out of biomass:
http://www.physorg.com/news138384297.html
The fuel would cost between $1.70 and $2.00 per gallon (excluding all government subsidies and tax credits) and could be made available by 2010.
Technology is advancing at an exponential rate often called the "Law of Accelerating Returns." If futurist predictions prove correct, we'll have advanced molecular manufacturing by around 2025, and possibly the replacement of humanity by vastly advanced machines a decade or two later.
This is a chronicle of our journey to that future, one advancing technology article at a time. I post the more significant and interesting articles as I come across them.
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Quantum Teleportation Becomes Reality on Active Internet Cables
https://scitechdaily.com/quantum-teleportation-becomes-reality-on-active-internet-cables/
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http://www.sltrib.com/home/3898355-155/albuquerque-weighs-getting-more-solar-power
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"An experimental demonstration of a quantum calculation has shown that a single molecule can perform operations thousands of times fast...
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