Scientists Cut Million-Year Natural Process To Convert Algae Into Crude Oil To About An Hour

[Sirveri]

3. The point of using oil is that it is liquid and has a very high energy density.

This is effectively a backdoor fuel cell, but we would need to develop a renewable energy infrastructure to support the large scale production of enough product to mitigate the effect of peak oil. I somehow doubt that such a thing will occur without wide spread market disruptions that will likely lead to large scale social instability and resource stress conflicts that will likely lead to significant reductions in human population groupings and potential widespread radioactive contamination of the biosphere.