Mr. SMITH of Nebraska. During the height of last summer, gas prices hit an all-time high. Thirty years ago, in the midst of another energy crisis, our country began to explore turning algae into fuel. The microscopic, single-celled plant has the potential to be a tremendous resource.
Algae grow very quickly, as anyone with a backyard garden or a watering tank in their pasture knows. It ingests carbon dioxide--releasing oxygen in the process--and is laden with oils which can be used to produce biodiesel.
My friends, we need to continue to explore any and all viable forms of research and development in this renewable energy.
On Thursday, Members of Congress will have the chance to see what the future may hold for our Nation's energy resources at the Congressional Renewable Energy and Energy Efficiency Expo. There are still hurdles to overcome, but now is the time to begin working for a strong and diverse renewable energy portfolio.