The biofuel floats to the top and may be skimmed off and put directly in your car. A barrel of E. Coli fuel would be approximately $50, instead of the $200 price tag for conventional fuel.
Biofuel does not need all the infrastructure needed by ethanol and natural gas, so it is a much cheaper solution.
The company plans on using other forms of biowaste to plant is reduce costs. The first large scale plant is scheduled to be up and running by 2011.
From the LS9.com website:
LS9 DesignerBiofuels™ products are a family of fuels produced by specially-engineered microbes created via industrial synthetic biology. Starting from raw, natural sources of sugar such as sugar cane and cellulosic biomass, these renewable fuels will fundamentally change the biofuels landscape and set the stage for widespread product adoption and petroleum displacement. LS9 hydrocarbon biofuels have higher energetic content than ethanol or butanol and have fuel properties that are essentially indistinguishable from those of gasoline, diesel, and jet fuel.I love that term petroleum displacement in the above paragraph. We have the technology and the intelligence to make the USA energy independent. Here is hoping that we do.