No its not a joke, its genetically altered bacteria:
http://www.timesonline.co.uk/tol/new...cle4133668.ece
Its not very efficient yet, but who knows..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.





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