Cha Cha Cha Chia Pet-roleum?

Could it be that America's energy problems could be solved by something as simple as a Chia Pet? Okay not that simple but a New England company says it has found an organism that "grows' diesel fuel or ethanol! Honey could you pick me some tomatoes and enough gas to mow the yard? Now that would be pretty interesting.

Joule Unlimited has invented a genetically-engineered organism that it says simply secretes diesel fuel or ethanol wherever it finds sunlight, water and carbon dioxide.

Some how I don't think our oil and gas industry has anything to worry about other than complete idiots in Washington, sorry did my opinion slip out? Well I think you know what I mean

(via Mass. company making diesel with sun, water, CO2 - Yahoo! News.)