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re: Scientists cut million-year natural process to convert algae into crude oil...

Posted on 12/20/13 at 3:16 pm to
Posted by Prof
Member since Jun 2013
42695 posts
Posted on 12/20/13 at 3:16 pm to
If this works beyond the lab in a cost effective manner crude oil should plummet once it's on the market. However, cheap oil creates another problem. Well actually more than one. Pollution and competition from emerging economies.

US economic dominance and even our foreign policy dominance is also tied heavily to petrodollars. That's why we get the best prices and how we can impose sanctions and get certain countries to do what we want and punish them when they don't.

Gawd I really do have too much information in my head.
Posted by aggressor
Austin, TX
Member since Sep 2011
8714 posts
Posted on 12/20/13 at 3:20 pm to
Simply being able to make it and making it cheap are not remotely the same. Collecting and processing that algae is likely much more expensive than current processes, it's not like everything runs on ethanol now.

Cool science though!
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