Navy chemists claim to have refined short chain hydrocarbons from seawater and hope to develop kerosene-based jet fuel from the process:
Link via Discover Magazine
The process involves extracting carbon dioxide dissolved in the water and combining it with hydrogen – obtained by splitting water molecules using electricity – to make a hydrocarbon fuel...
Dorner and colleagues found that using the usual cobalt-based catalyst on seawater-derived CO2 produced almost entirely methane gas. Switching to an iron catalyst resulted in only 30 per cent methane being produced, with the remainder short-chain hydrocarbons that could be refined into jet fuel.
Link via Discover Magazine
However, I sincerely hope that this does work. Imagine the ability to create gasoline from sea water and nuclear power. It is the abiotic dream.
I think it has something to do with this.
http://green.autoblog.com/2007/09/10/salt-water-as-fuel-burning-hydrogen-with-radio-waves-its-true/