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mercurialmike

01/19/11 10:13 AM

#759 RE: gator97 #758

The algae will deliver us, but little has been said.

tykundegex

01/19/11 10:15 AM

#760 RE: gator97 #758

Until their algae strategy is fully implemented, we are indeed somewhat at the mercy of crop prices. However we're seeing a similar rise in the price of crude oil, which is the counter-threat (or in the case of it rising, "opportunity").

I believe crude prices will only rise over the long term, outpacing crop prices. But I hope to hear some good news on the algae front soon.

I watched the Australian documentary "Crude" last night -- gives a very informative overview of oil, our use of it, and the future availability of it. It bodes extremely well for the bio-plastics industry.

http://www.abc.net.au/science/crude/

Tyk