Comment Yes (Score 1) 186
Yes, they are. Or will be. I don't feel that they were "there" just yet, but that progress is being made. Early oil production would be disastrous and our cars would be ridiculously priced, but improvements in the technology allowed us to enjoy cheap gasoline.
It will be that way for Biofuels too. The problem is we don't need 1 solution, we need several solutions combining to form a good solution. And hell, it may involve some old style oil/gasoline too, but at least we won't be dependent on one.