Sunday, November 16, 2008

OriginOil, Inc Reminds Investors of the Advanced Biofuels

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http://www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company OriginOil, Inc: (OTCBB: OOIL), an algae-to-oil technology company.

The company's technology is an advanced algae growth system that can grow multiple layers of algae biomass around-the-clock with daily harvests. According to the company, growing and harvesting algae on a high volume production basis is the key breakthrough that will allow algae to compete with petroleum.

The US Department of Energy, Energy Efficiency and Renewable Energy reports, "Algal biofuels are generating considerable interest around the world. They may represent a sustainable pathway for helping to meet the U.S. biofuel production targets set by the Energy Independence and Security Act of 2007."

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