This would be a cool way to put an end to the ethanol-as-vehicle-fuel debate, with average citizens winning though ethanol loses (h/t Instapundit)…

Dr. Kenneth Hall, associate director of TEES and the Jack E. & Frances Brown Chair and professor in the Artie McFerrin Department of Chemical Engineering at Texas A&M University, and his colleagues, Mark T. Holtzapple, a professor in chemical engineering, and Sergio A. Capareda, a professor in biological and agricultural engineering, have developed a process to make converting biomass to high-octane gasoline possible.
The advanced process is possibly the only integrated system that converts biomass directly to gasoline. Most other emerging processes convert the biomass into alcohol and then blend it with gasoline. The system is relatively inexpensive and focuses on using biomass waste streams and non-food energy crops rather than food products such as corn.
Additionally, the cost of such a conversion would lie between $1.70 and $2.00 per gallon excluding all government subsidies and tax credits. This cost range is dependent on the type and cost of feedstock as well as the size of the biorefinery. This would provide some much-needed relief for consumers when it comes to fueling their vehicles, whose current options are to pay more or drive less.