Quote:
Originally Posted by crockett
My uncle is actually working with the university of Florida on their algae oil program. They are using one of his properties to do the research on.
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From what I understand there was a government subsidy program setup in the 70's due to the oil embargo to start this algae thing.. but as soon as oil prices went back to normal the program was cut.
The low price of oil (again) threatens all these companies who are trying to reduce the dependance on oil. Its unfortunate.
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