Algae-Based Fuels Set to Bloom – Oil from microorganisms could help ease the nation’s energy woes.

Relatively high oil prices, advances in technology, and the Bush administration’s increased emphasis on renewable fuels are attracting new interest in a potentially rich source of biofuels: algae. A number of startups are now demonstrating new technology and launching large research efforts aimed at replacing hundreds of millions of gallons of fossil fuels by 2010, and much more in the future.

By Kevin Bullis

Full Story: http://www.technologyreview.com/Energy/18138/