In our modern world oil is the lifeblood of our society, it powers our vehicles, our machines, and our economy. Oil companies have been reaping the profits of this lucrative resource for the greater part of the modern age. Over recent years, political instability around the world has increased and the discovery of major oil fields has declined. Thus resulting in a limited supply and overwhelming demand, making oil companies obscene profits. Though we are already past the Hubbert peak we have continued to extract oil at extremely rapid rates to feed demand of the globalized world. So as we see gas prices inch closer and closer to new records everyday, we are left at the mercy of greedy oil companies.
Finally there has been a breakthrough. A scientist out of New Jersey has stumbled upon an invention that could change the way we look at the world's energy resources. Frank Pringle from Global Resources Corp. has figured out a way to use microwaves to convert plastic back into petroleum. Knowing that plastic cannot be recycled to the same extent that paper and metal can be, this proves to be a saviour in two regards. It is good to know that the American government already has Pringle working on a project in Iraq. As always the officials in the White House seem to have their priorities straight. Anyways you can see the machine at work in this video http://www.carbonrecovery.com/Videos_GRC.asp
You can also check out a story on the plastic pollution in the oceans here http://www.celsias.com/2007/11/22/synthetic-sea/.