Techniques, methods and systems for preparation liquid fuels from hydrocarbon and carbon dioxide are disclosed. The present invention can transform hydrocarbon and carbon dioxide generated from organic feed stocks or other industrial emissions into renewable engineered liquid fuels and store them in a cost-efficient way. The method of the present invention includes: supplying hydrocarbon and carbon dioxide to a heated area of a reaction chamber in controlled volumes; forming carbon monoxide by the energy provided by the heated area; transporting carbon monoxide and hydrogen to an reactor in controlled volumes; supplying additional hydrogen to the reactor; regulating the pressure in the reactor by adjusting the controlled volumes in order to achieve a predetermined object; forming the liquid fuel in the reactor according to the predetermined object; and, storing the liquid fuel in a storage device.