Producing Algae as a biofuel?

Question

Does anyone have info or experience with using and growing algae for biodeisel and ethanol?

Answer 1

yes, they produce fuel 30X faster than corn due to the fact that they use all the energy to create oil.  

other facts can be found from my source.

Answer 2

There was something in a National Geographic article about biofuel that there is research on algae that theoretically feeds of carbon dioxide and produces biofuel.