Former CIA director James Woolsey made this insightful observation in this month's "Futurist" magazine
http://www.wfs.org/futintervja07.htm "If you remember, we got interested in alternative fuel firms like the Synfuels Corporation in the late seventies and then in 1985, the Saudis dropped the oil down to $5 a barrel and bankrupted the Synfuels Corporation. The good news is that they bankrupted the Soviet Union, too, but they certainly undercut alternative fuel efforts. People got interested in alternative fuels again in the early nineties, then in the late nineties, oil dropped down to $10 a barrel and people lost interest, again. One of the things that we have to do is make sure that this rollercoaster effect cant happen again." END One way to do this is a floating import duty on Arabian oil which will keep the price at a level where all the alternative biofuel, like Algoil, which we can make from Algae will have a ready market. We can exclude corn ethanol by other means.
