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Fuel from Algae? | 02-24-12 | stolinsky

Posted on 02/24/2012 10:29:04 AM PST by stolinsky

News report: President Obama declares that rather than drilling for new sources of oil, or building the pipeline, we should get fuel from algae.

Algie saw the bear
The bear saw Algie
The bear was bulgy
The bulge was Algie
-- Red Skelton

TOPICS: Business/Economy; Government; Politics
KEYWORDS: algae; fuel; oil
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To: reg45

What does the price of oil need to be to make oil from algae profitable and viable. To make oil from coal, the minimum price must be $40 dollars a barrel. For wind power to be viable, the price of oil must be $80 dollars a barrel. There is no data on what the price of oil must be to make algae profitable but since it’s at the research stage I suspect it must be above $120 at minimum. If you think a oil refinery is a scar on the landscape imagine what an algae plant might look like. This man Obama is the worst kind of huckster selling imaginary solutions to non problems. We will eventually need a replacement for oil, but not until technology evolves to meet the need, he simply has no faith in the ingenuity of the american entrepreneurial spirit.

21 posted on 02/24/2012 11:29:16 AM PST by qman
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To: All

They’re in FL and it is funny, because the first post I made on FR was about them. This algae stuff. Many of the big refineries dropped out of supporting.

Algae is also being touted as replacement for jobs from XL pipeline.

If the entire algae industry isn’t suffering from a case of separation anxiety, it should be. Investors, CEOs, scientists. Dealing with the separation issue is perhaps the biggest obstacle we face. But that’s not what you’ll read on most algae companies’ websites.

BOSTON — Bioengineer Jeff Way has seen what happens when the claims of algae biofuel companies get ahead of the science, when their promises of “renewable diesel” slam into the realities of engineering.

He’s been to the bankruptcy auction.

22 posted on 02/24/2012 11:37:55 AM PST by Irenic
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To: reg45
Why not do both?

Ever hear of the concept of economies of scale? I don't have a problem with companies choosing to do this on their own, but if the government mandates that x% of fuel must come from algae, then we have government bureaucrats paid for with borrowed Chinese money fining oil companies and raising gas prices further. Don't go there.

23 posted on 02/24/2012 11:38:09 AM PST by sportutegrl
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To: stolinsky

we should build the pipeline and drill where we can, AND develop Algae oil, too

24 posted on 02/24/2012 12:07:28 PM PST by The Wizard
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To: stolinsky

How many millions has Obama extorted in campaign donations/bribes from corn growers and Big Corn companies to allow them to produce and refine corn into expensive mandated ethanol?

And now Obama wants to turn on them and promote algae instead? Is there no end to Obama’s treachery?

25 posted on 02/24/2012 12:12:19 PM PST by Bluestocking
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To: mkboyce
that would come close to satisfying the motoring, flying, plastic-using public

Well, then, there's the point.
He doesn't want us to be a "motoring, flying, plastic-using" society anymore.

He and the "elites", of course, will continue to do so,
but not you and I.

26 posted on 02/24/2012 12:17:25 PM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: MrB

I’ll be sold when we have electric powered ‘jet’ airplanes and electric cars that can get 450 miles to a charge that only takes a minute or two to ‘fill-up’.

I won’t be holding my breath...

27 posted on 02/24/2012 12:39:48 PM PST by mkboyce
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To: AngelesCrestHighway

But what happens when the Franken-Algae gets loose in your backyard wetland? Glop?

28 posted on 02/25/2012 8:40:56 AM PST by fella ("As it was before Noah, so shall it be again.")
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To: stolinsky

It makes more since than burning corn.

But maybe Obama’s energy policy is like “Barter Town” in “Road Warrior.”

On second thought that involved pig poo..0 would never before that..

29 posted on 03/19/2012 3:59:00 AM PDT by hadaclueonce (you are paying 12% more for fuel because of Ethanol. Smile big Corn Lobby,)
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