"Oil happens. Life goes on." Technological breakthrough? U.S. Navy says it can now convert seawater into fuel http://www.rawstory.com/rs/2014/04/07/technological-breakthrough-u-s-navy-says-it-can-now-convert-seawater-into-fuel/ US experts have found out how to extract carbon dioxide and hydrogen gas from seawater. Then, using a catalytic converter, they transformed them into a fuel by a gas-to-liquids process. They hope the fuel will not only be able to power ships, but also planes. That means instead of relying on tankers, ships will be able to produce fuel at sea. - ‘Game-changing’ technology - The predicted cost of jet fuel using the technology is in the range of three to six dollars per gallon, say experts at the US Naval Research Laboratory, who have already flown a model airplane with fuel produced from seawater. Drawbacks? Only one, it seems: researchers warn it will be at least a decade before US ships are able to produce their own fuel on board.