PALG states fuel from algea is years away but your right that biotech and other areas could use it immediately as BIOtech whole chemical library line is petro based...

but they also state fuel oil cost is $10-30 a gallon and its needs to get down to $3 for profitability and widespread accecptance.. luckily BP hit a major oil field recently but i am curios is the $8 for fuel oil, bio oil ? i think ooil is trying to make it as efficient as possible to help anyone making algea oil thus these guys arent competing but will sell to all 200+ companies that are in this business...