Re:Uhh, Heavily Bought Into By Oil Industry (Score 1)

The algae based biofuels in the article use salt water and can be grown in places that do not displace food crops. Water usage and food displacement are issues in general, but not for the biofuel in the article. The summary commentary is also wrong about the price per barrel oil. In 1995, the US DOE Aquatic species program concluded that it would only take $60/barrel to be competitive with fossil fuels. A summary done by the National Renewable Energy Lab can be found here: http://www.nrel.gov/biomass/pdfs/jarvis.pdf I don't agree with the article claims that production could displace all fossil fuels, but it's a good start.