This morning the price of oil reached a staggering 130$. Prices increased after the release of the US Department of Energy report, which pointed out that the national oil and gasoline supplies are lower than expected. What is more, the Earthquake in China influenced the price of oil, as well as the increased demand for [...]

The problem of energetic resources is becoming more and more important, and many researchers are trying to create new ways of producing renewable energy and substitutes for petroleum. A group of scientists from Amyris Biotechnologies in Emeryville have managed to create organisms that turn sugar into oil.
Jack Newman, one of the founders of Amyris, modified [...]