http://domesticfuel.com/2010/01/25/biodiesel-maker-contends-study-proves-algaes-worth/ Alternative Fuel News Sun, 12 Feb 2012 21:59:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://domesticfuel.com/2010/01/25/biodiesel-maker-contends-study-proves-algaes-worth/comment-page-1/#comment-118595 ezshooter Wed, 27 Jan 2010 22:24:29 +0000 http://domesticfuel.com/?p=21488#comment-118595 Algal fuel is a drop-in replacement for petroleum products. With peak oil gone, the price of a barrel of oil at production level will be very high in the future, despite huge quanities of oil still in the ground (deep, deep in the ground or offshore) The technology to reach oil in the future or to take oil from shale has inspired Exxon to build algae oil facilities in Abu Dhabi. You are reading old data. Algal fuel is a drop-in replacement for petroleum products. With peak oil gone, the price of a barrel of oil at production level will be very high in the future, despite huge quanities of oil still in the ground (deep, deep in the ground or offshore) The technology to reach oil in the future or to take oil from shale has inspired Exxon to build algae oil facilities in Abu Dhabi. You are reading old data.

]]> http://domesticfuel.com/2010/01/25/biodiesel-maker-contends-study-proves-algaes-worth/comment-page-1/#comment-118579 Durwood M. Dugger Tue, 26 Jan 2010 15:30:46 +0000 http://domesticfuel.com/?p=21488#comment-118579 Actually all the parties involved in the discussion regarding algae oil production are... worthless. Worth and value are exactly what isn't be discussed regarding algae fuel especially by private sector developers. Until careful and audited production economics (both energy budgets and financial budgets) are published for all claims - system designs, processes, and final product forms we will all be clueless regarding the worth of these research claims and outcomes. The real bottom line for any alternative fuel in the market place is that it has to be competitive with the current petroleum equivalent production costs (not market price) before it will ever become widely adopted. From the sparse economic facts available for algae oil production which shows current cost to be at best around $20/gallon - algae oil's economic feasibility lies in the relatively distant future - if ever. Actually all the parties involved in the discussion regarding algae oil production are… worthless. Worth and value are exactly what isn’t be discussed regarding algae fuel especially by private sector developers. Until careful and audited production economics (both energy budgets and financial budgets) are published for all claims – system designs, processes, and final product forms we will all be clueless regarding the worth of these research claims and outcomes. The real bottom line for any alternative fuel in the market place is that it has to be competitive with the current petroleum equivalent production costs (not market price) before it will ever become widely adopted. From the sparse economic facts available for algae oil production which shows current cost to be at best around $20/gallon – algae oil’s economic feasibility lies in the relatively distant future – if ever.

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