With Oil prices hitting new highs there is lots of talk about alternate fuels. Ethanol from corn is a disaster and will not survive in the long run.
However, one biofuel I think has real potential is Oil from Algae. I like this concept because most of the oil we have today originated from ancient algae.
I like to keep things simple and quit trying to re-invent the wheel. Mother nature has been making oil for billions of years. Why don't we try and emulate mother nature and just speed it up.
The following is a video of an oil from algae experimental farm.
I will write more about this in the future.