One Step Closer To Peak Oil? Algae Forms Crude In 60 Minutes

The day when planes, trucks and cars are commonly revved up on pond scum may be on the near horizon thanks to a technological advance that continuously turns a stream of concentrated algae into bio-crude oil. From green goo to crude takes less than an hour.

The goo contains about 10 percent to 20 percent algae by weight. The rest is water. This mixture is piped into a high-tech pressure cooker where temperatures hover around 660 degrees Fahrenheit and pressures of 3,000 pounds per square inch to keep the mixture in a liquid phase.

Inside the cooker are “some technology tricks that other people don’t have” that help separate the plant oils and other minerals such as phosphorous from the water, Douglas Elliott, a fellow at the Department of Energy’s Pacific Northwest National Laboratory in Richland, Wash., told NBC News.

CNBC

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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu