Solazyme

April 30, 2011 - 4:15am

Civil unrest in the Middle East has pushed up the price of jet fuel by more than 30 percent since December. In response, airlines have increased ticket prices, and some have announced they will begin grounding older, less-efficient aircraft types. While no one knows for sure how long this spike in prices will last, it has prompted many in the industry to turn their attention back to the promise of biofuel.

 
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