who says BIG OIL would have a choice? Peak OIl is upon us, the Saudi Oil fields are producing less oil at higher extraction cost. I don't expect BIG Oil to be the leader in any emerging energy concerns. They will have no choice.
You also predicating your opinion on replacing current oil use numbers. US can cut down significantly on amount of oil used and would be no problem in 10 yrs of being 100% independent of all foreign imports. That falls within the window of commercialization across several algae techniques. I don't expect and no else expects algae to immediately replace Big Oil but it will happen. I can see co-ops starting locally with 100 acre fields that can produce thousands of gallons a day 24/7 of algae biofuel. The genetic innovations of algae will bring a strain of where you use a big blender and out comes combustible biofuel with no refining.
Well I am not going to use your numbers because you are off a lot. A "Barrel" of oil is not your standard 55 gal drum. The number is 42 gal for an oil barrel.
A PBR as it is now will produce 50 gal of oil a day per acre. so that is 18,250 gal a year or 434 barrels per year per acre.
That would mean 10 mil barrels would require 23,042 acres If you combine the PBR and the lipid trigger adding 30% then you would only need 16000 acres ( thats only 320 acres per state in the US)
So I would guess that when we tell the oil companies that we can sell them enough PBRs that we can use 10% of their oil field and they can sell the other 90% of the land for a profit and save the property taxes. They might get interested. Also dont forget that algae can be processed in a regular oil refinery
The best part about these numbers is we would need less PBRs to make 10mil barrels then all the oil wells on that one oil field
program-4-you... It has been estimated by an algae producer in Florida that all of Americas energy needs can be produced from a water area the size of Lake Okachobee in Florida. Check out a map.. that's not very big in comparison..
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