A fringe benefit to producing
A fringe benefit to producing algae oil is that it can be grown on land that has no other use. It will thrive in the arid deserts of the southwest and will not compete for food producing farmland the way ethanol production does. Also, since it requires carbon dioxide for growth, it's a natural to locate the growing facilities next to big carbon dioxide producers such as power plants to capture the greenhouse gas otherwise released into the atmosphere. The natural growing process then converts CO2 to oxygen. Sure looks like a win-win-win situation all around to me.