| OriginOil, Inc. (OTC/BB: OOIL), developer of a breakthrough technology to convert algae into renewable crude oil, today announced a new company study indicating for the first time that algae producers worldwide can now make transportation fuels cost-effectively themselves. The Company's analysis points to a potential production cost as low as $2.28/gallon ($0.60/Liter) for gasoline or diesel using a blend of algae and waste feedstocks, using the latest growth, harvesting and fuel conversion...continued OOIL Services |
Friday, February 24, 2012
OriginOil Study Concludes Algae Producers Can Make Gasoline and Diesel For as Little as $2.28/Gallon
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