Took a quick run to a mostly inactive board and saw an OP that claimed the Joule Institute had developed a micro-organism that made burnable fuel through photosynthesis at $30/bbl equivalent. No link, no nothing. So I think it was a typo, I have heard report of $300/bbl equivalent bio fuels but it got me thinking with bio-tech and nano-tech rapidly developing: What is the trendline on prices in bio-fuel? What type of bio-fuel is being developed: alcohol; diesel; crude oil; natural gas and what are the price points for it? What would be the conversion costs assuming that at least some variance from natural crude will exist? And of course what will the economic effects be $20-30 crude?