A Step Toward Algae Into Ethanol
 

Algenol Biofuels announced plans for a pilot*algae-biorefinery to produce ethanol from captured CO2. The demonstration plant will have the capacity to produce 100,000 gallons a year, with desired cost of the ethanol at $1.00 per gallon.Paul Woods, CEO of Algenol, said in a recent press release, “this project sets the stage for commercial scale production http://stats.wordpress.com/b.gif?hos...el&ref=&feed=1

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They should have given up on ethanol before they even got started.
What we need is more drillin' and more refinin'
They run the refineries near max capacity to increase the demand, and the ridiculous price of fuel has a lot to do with oil future.. price is artificially increased.

no they slow down the refineries to increase demand

and they make them blend/ create 5 different fuels for on road, off road, home heatin, rail......... :argh: