Algae Fuel Investments - Are Algae Investments Affected by the Economy?

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It seems like only yesterday that oil was 140$ a barrel, and Bill Gates had invested 100 million $ into Sapphire Energy. There was talk of every second company in the world looking to invest in algae oil, and venture capitalists were suddenly asking themselves "Now what the heck are algae all about?"...

And then, now it looks like it is back to reality. Oil is at 43 $ per barrel, its lowest price in the last many years, the PR departments at many algae companies suddenly seem to have gone on a holiday, and venture capitalists are back to discussing Obama's energy policy.

I'm hoping that alt energy investing doesn't go the way fads go. Also hoping that people realise that whatever the oil prices are today, that oil ain't gonna exist 50 years later.

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