Algae to crude oil: Million-year natural process takes minutes in the lab

Engineers have created a chemical system that continually produces useful crude oil minutes after they pour in raw algae material -- a green paste with the consistency of pea soup. The technology eliminates the need to dry the algae and recycles ingredients such as phosphorus, cutting costs. The work has been licensed to a biofuels company which is working with an industrial partner to build a pilot plant.

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