My friend Foster Agblevor has a process that converts wood chips or any other biomass into bio-crude that will sell for $65 a barrel. It can be mixed with petroleum or refined by itself just like petroleum to make gasoline, home heating oil, diesel, etc.
DOE and USDA estimate that there's 130 billion tons of biomass available every year in the US, all renewable and carbon neutral. That's enough to make 5.2 trillion gallons of No. 2 diesel annually. We burn only about 64 billion gallons of diesel and 140 billion gallons of gasoline annually, so this technology, which is patented and proven, and about to go commercial, has the ability to more than replace the entire liquid fuel supply in the US.
Those guys in the Middle East can go eat their oil.
Google "fractional catalytic pyrolysis agblevor" and you'll find some amazing stuff.
Bullseye