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Latin America Divided Over Ethanol

Latin America Divided Over Ethanol

Venezuelan President Hugo Chávez calls the boom in ethanol the equivalent of starving the poor "to feed automobiles." It's not just Mr. Chávez who is questioning whether the benefits outweigh the unintended consequences. Now poultry industry executives, who have seen the price of feedstock go up; Mexican consumers, facing a 60 percent jump in the cost of tortillas; and even environmentalists, who look at the amount of fertilizer that will be needed to grow extra crops, are wondering aloud about the effects of ethanol...

Read the full article from here @ CBS News, 20 Apr 2007 post

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  In the beginning, there were algae,
but there was no oil Then, from algae came oil.
Now, the algae are still there, but oil is fast depleting
In future, there will be no oil, but there will still be algae  
So, doesn't it make sense to explore if we can again get oil from algae?
This is what we try to do at Oilgae.com - explore the potential of getting oil from algae