Earlier this week I had posted an entry regarding the clamor for OriginOil since it carries the fuss about how algae is the next best thing in vehicle oil alternatives. Apparently, the Associated Press found their story worth covering as well, placing OriginOil in the limelight today.
During a visit to OriginOil’s Los Angeles headquarters earlier this month, a film crew interviewed both CEO Riggs Eckelberry and Chief Technology Officer, Dr. Vikram Pattarkine, regarding the company’s recent technology breakthrough to extract oil from algae in an efficient single-step process. A time-lapse video of the extraction process was then sent out to the Associated Press’ newspaper affiliates, which encompass more than half of the world’s population on any given day.
The recent AP Television segment, entitled “Could Algae Be Oil’s Next Competitor,” features commentary from Riggs Eckelberry on OriginOil’s “single pass, cost-effective process” to inexpensively crack algae’s tough exterior and release the oil inside, which can be viewed here.
“Oil, for the first time, is going to have a competitor,” said Eckelberry. “It’s not going to be the OPEC cartel against the rest of the world – it’s going to be local fuel production in all these countries, including the U.S.”
(Source) Press
Tags: algae, fuel production, limelight, OPEC, opec cartel, riggs