...Bio Fuel Systems (BFS)
If you know me then you know what I hate to buy most of all, gas. I watch the NYSE daily to see what the price of crude oil is. Lately it has been rising almost daily and it seems like $4 a gallon gas is on the way. While America swears it is trying to get off the stuff, they have shown no true effort to date. I do not count $40,000+ electric cars as an effort by the way. Thank God for Spain and France and the people at Bio Fuel Systems (BFS). They have possibly found a way to break away from the need for expensive Middle Eastern oil. They have created a bio-oil produced with algae mixed with carbon dioxide from a factory, it is virtually like the oil we use today. The microalgae reproduces at high speed in the tubes by photosynthesis and from the CO2 released from the cement factory. Every day some of this highly concentrated liquid is extracted and filtered to produce a biomass that is turned into bio-oil. The other great advantage of the system is that it is a depollutant it absorbs the C02 which would otherwise be released into the atmosphere. Founder and chairman of BFS, French engineer Bernard Stroiazzo-Mougin calls it "ecological oil". He also said they need about 5-10 years before industrial production can begin, which is not so bad. It sometimes takes that long before we see valuable oil come from those controversial offshore rigs. He also added, "In a unit that covers 50 square kilometres, which is not something enormous, in barren regions of southern Spain, we could produce about 1.25 million barrels per day." That is roughly how much oil comes from Iraq each day. The company is private and is looking to negotiate with many countries to set up plants in their country. Of course late as always to the party Exxon wants to invest $600 million in algae research. Whatever... I am glad to see this. I cannot wait until this stuff goes global and it becomes the main source of oil. I just may be able to own a HUGE SUV, Hummer H1 anyone? I am giving Bio Fuel Systems (BFS) 2 Digits Up for possibly saving me money and future generations a lot more.
If you know me then you know what I hate to buy most of all, gas. I watch the NYSE daily to see what the price of crude oil is. Lately it has been rising almost daily and it seems like $4 a gallon gas is on the way. While America swears it is trying to get off the stuff, they have shown no true effort to date. I do not count $40,000+ electric cars as an effort by the way. Thank God for Spain and France and the people at Bio Fuel Systems (BFS). They have possibly found a way to break away from the need for expensive Middle Eastern oil. They have created a bio-oil produced with algae mixed with carbon dioxide from a factory, it is virtually like the oil we use today. The microalgae reproduces at high speed in the tubes by photosynthesis and from the CO2 released from the cement factory. Every day some of this highly concentrated liquid is extracted and filtered to produce a biomass that is turned into bio-oil. The other great advantage of the system is that it is a depollutant it absorbs the C02 which would otherwise be released into the atmosphere. Founder and chairman of BFS, French engineer Bernard Stroiazzo-Mougin calls it "ecological oil". He also said they need about 5-10 years before industrial production can begin, which is not so bad. It sometimes takes that long before we see valuable oil come from those controversial offshore rigs. He also added, "In a unit that covers 50 square kilometres, which is not something enormous, in barren regions of southern Spain, we could produce about 1.25 million barrels per day." That is roughly how much oil comes from Iraq each day. The company is private and is looking to negotiate with many countries to set up plants in their country. Of course late as always to the party Exxon wants to invest $600 million in algae research. Whatever... I am glad to see this. I cannot wait until this stuff goes global and it becomes the main source of oil. I just may be able to own a HUGE SUV, Hummer H1 anyone? I am giving Bio Fuel Systems (BFS) 2 Digits Up for possibly saving me money and future generations a lot more.
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