Yes, you can, eventually, get petroleum products from algae. The DOE has been funding and studying this for decades.
If everything pans out perfectly, you will not be able to get a million barrels of oil (product) a day from this source in 10 years. Or 100,000 B/D. It just won't happen. Oil from algae, like wind and solar, will not change the energy equation an iota for decades to come.
Has the US executive branch been taken over by space aliens? Is Obama insane? Does he thing we are insane? Are they smoking mind altering recreational drugs in the White House? Just asking.
Insane, I don’t know (though I’m starting to think so). But dear leader’s certainly removed from reality as far as how gas prices affect Joe Sixpack.
Heck, when was the last time he had to worry about fuel prices or grocery prices cutting into his budget? When was the last time he had to worry about keeping his business running when the price of getting supplies was more than what he brought in every week? And since he’s the last person to be affected by his decrees, what incentive does he have to make sure things work out?
I have seen questions like these raised repeatedly here on FR, and I have to confess, I’ve never understood why.
It’s simple. Such things are floated by the administration and socialists in general for one reason: Not because they’re viable alternatives, but to give the public the impression they’re looking out for their interests (and that of the planet as well), when actually they’re dismantling America’s dependance on oil, and its oil-based economy. They want America to become a 3rd world state run by elitists, but have to voice platitudes to cover their true intentions. It’s simple.
With an algae farm twice the size of WSMR, you can produce the US daily diesel demand.
Good luck with your EPA permit.
None of the above. This is intentional, not happenstance. Obama and his ilk want to cripple energy usage by a combination of forcing prices up and reducing available supplies.
Why? Because the lifeblood of the economy is energy. More and cheaper energy helps the economy grow and thrive, less and more expensive force the economy to shrink.
Don't believe for a minute that Obama wants the economy to improve. A good economy means people are far less interested in surrendering their freedoms for a government handout. The trick is that they want to crash the economy slowly enough to make people forget the way it used to be.