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According to President Barack Obama, the United states Government is seeking renewable fuels not just to protect the environment, but additionally to “protect America’s national security.” The Navy is embarking on a major plan to reduce its dependency on oil. In 10 years, it wants to actually power all its planes, vehicles and ships using a 50 percent green fuel blend.

Even if you are in South Africa, Mumbai India or Malaysia everybody has taken a closer look at algae to be a possible renewable biomass crop for biofuel production.

One of the most discussed renewable fuel sources in the past handful of years has been algal biofuels. With all the world-wide efforts to cut down on our dependence on fossil fuels, algal biofuels have been showing promise on being able to scale to the quantities of production to affordably replace our dependence on traditional petroleum oil sources. Beyond the advantages of currently being renewable, algae biofuels have also shown that they’re significantly much better for the environment through the reduced quantities of Carbon Dioxide emitted at the time of their use. Biodiesel from algae is one of the alternative fuel sources being researched for potential widespread usage. To understand this we need to first answer the question of what is bio-fuel?

A few weeks ago John Hofmeister, the former president of Shell, now the chief executive of a non-profit group called Citizens for Affordable Energy, stated he expects U.S. gas prices to hit $5.00 per gallon by November 2012 mostly because of increased demand for gasoline worldwide particularly in nations like China.