Thursday, March 01, 2012 8:32:39 AM
"We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance — algae. You’ve got a bunch of algae out here, right? (Laughter.) If we can figure out how to make energy out of that, we’ll be doing all right.
"Believe it or not, we could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in the United States. And that means greater energy security. That means lower costs. It means more jobs. It means a stronger economy." (at minute 19'20")
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