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Oil from Algae at $ 80 a barrel !!! 1

"We've produced tens of thousands of gallons, and by the end of 2010, I hope I can say we've produced hundreds of thousands," Wolfson, 39, says. "In the next two years, we should get the cost down to the $60-to-$80-a-barrel range."


Harrison Dillon, chief technology officer of startup Solazyme Inc., says.


At that price, algae fuel would compete with $80-a-barrel oil.

Wanna read more ! http://www.delawareonline.com/article/20100613/BUSINESS/6130325/1003/Investors-bet-on-algae-as-green-diesel-alternative
Sun June 13 2010 02:35:34 PM by Shankar solazyme 1808 views

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