(ABCNews) -- The price at the pump continues to skyrocket and without a doubt diesel fuel tops the list as most expensive. One California Bay Area company is hoping to change that with a little help from Mother Nature.
While diesel and cooking grease used as alternative fuels is not a new concept these days, making oil from algae is.
The San Francisco company Solazyme is making fuel starting with plant-based materials like wood chips and corn stalk. Solazyme's Harrison Dillon says he feeds the materials to single-celled algae which converts them into oil. He says it's a green technology with lower emissions than today's diesel.
The company has made fuel already and is currently storing it in bins in a cooler. But it's not enough to put on the open market. The company recognizes they have to make a lot more for it to be economically feasible. Dillon thinks the company can do that in the near future.
While the technology is humming along in the lab right now, it could one day be flowing from a pump near you.