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It isn't thought of as among the many cheap and best methods of creating a revenue. Researchers are working on more environment friendly ways each to grow algae and to extract its oil. Great Lakes, Southeastern seaboard and Gulf Coast -- have been devoted to algae growing, the country could use current production methods to substitute as a lot as 17 percent of the oil that it currently imports for transportation functions with algae oil. As petroleum prices remain excessive and the algae oil cultivation, extraction and refining process turns into much less costly, algae presents an increasingly viable different to oil as a gas base. The algae are then exposed to sunlight, which starts the photosynthesis course of. Biodeisel is presently the most price gold-efficient gasoline use for algae oil as a result of the process requires much less power than changing the oil to methane, ethanol and different kinds of gas. Department of Energy (DOE) discontinued a program that for nearly 20 years had targeted on growing renewable transportation fuels from algae, finding -- because the National Renewable Energy Laboratory famous in an in depth-out report -- that "the high cost of algae production remains an impediment." The DOE's most optimistic estimate set the value of a barrel of algae oil at twice that of a barrel of petroleum.
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