"Stranded" Natural Gas to Liquid Fuel  

A company called Syntroleum claims to have a process for converting otherwise useless natural gas to a synthetic diesel.

Every day natural gas flares blaze across swaths of Africa, Russia, Asia and the Middle East, burning off 10 billion cubic feet of energy--the equivalent of 1.7 million barrels of oil. There's more gas where that came from. Reserves of "stranded" natural gas--the stuff that's abandoned because there's no economical way to transport it--come to maybe 2,500 trillion cubic feet. If captured and converted, the gas would make (after conversion losses) 250 billion barrels of synthetics, from clean-burning diesel to jet fuel. That's like finding another Saudi Arabia.