Biofuels is not the only product, Watcher. The energy industry is "racing" (industry reference not mine) to develop processes from raw material extraction to end product for hydrates as a new fuel source.

Remember (and this is just one source of hundreds)...

"Estimates of the total volume of methane gas locked in hydrate deposits worldwide range widely from about 105 trillion standard cubic feet (TCF) to 2.7 x 10^8 TCF (i.e., 2.8 x 10^15 to 7.6 x 10^18 cubic meters). Even at the lower end of this range, the energy contained in the methane hydrate resource exceeds that of all known coal, oil, and natural gas reserves. If practicable recovery techniques can be developed, then methane hydrates may play a major role in meeting the world's future energy needs."

[link to www.hnei.hawaii.edu]

'The industry' is looking at hydrates as the next crude (loosely spoken, that is)....

GOM is the second largest 'deposits'...second only to that found in the permafrost....

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