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Move over, $100/gallon oil.... introducing biodiesel from POND SCUM
Just like anything in economics, if the price of a commodity gets too expensive, it's alternatives/substitutes become more attractive. Add in economies of scale and technological tweaking and you reach a fundamental shift.
Here's one possible direction: biodiesel from algae and 'pond scum' -- http://www.businessweek.com/globalbi...tm?chan=search It's not ready for primetime yet but there's quite a bit of venture capital going into it. Similar to the bacteria-based hydrocarbon farming I posted about earlier. |
Wow oil went from $94 a barrel to $100 a gallon already?
Talk about a fast moving market. :1orglaugh |
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Thanks for catching that. $100 a BARREL :):thumbsup |
whew!!!!!!!!!!!
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it will be bought and shelved.
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