...but are they going to let us have it?
Read more here:Surf's up! The Navy appears to have achieved the Holy Grail of energy independence – turning seawater into fuel:
Curiously, this doesn't seem to be making much of a splash (no pun intended) on the evening news. Let's repeat this: The United States Navy has figured out how to turn seawater into fuel and it will cost about the same as gasoline.After decades of experiments, U.S. Navy scientists believe they may have solved one of the world's great challenges: how to turn seawater into fuel.
The new fuel is initially expected to cost around $3 to $6 per gallon, according to the U.S. Naval Research Laboratory, which has already flown a model aircraft on it.
The U.S. Navy Just Announced The End Of Big Oil And No One Noticed