A new company called Sapphire Energy claims that it has developed a process for turning algae into crude oil, which can then be used to make fuel for automobiles or even jets.According to Sapphire CEO Jason Pyle, the green-colored crude oil is chemically equivalent to the fossil fuel version and could be processed into fuel at any refinery. Production costs are equivalent to those of extracting the petroleum from oil sands or deep-water reserves. Pyle says that the company has already produced diesel, jet fuel and premium-grade gasoline from its crude.In addition to algae and sunlight, the oil manufacturing process requires non-potable water and carbon dioxide. Because the process takes carbon dioxide out of the air, this could hypothetically balance out the carbon dioxide that would be emitted when the biofuel is burned. Pyle says that the new fuel could reduce U.S. dependence on foreign petroleum.
http://www.naturalnews.com/024603.html
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