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Re:Algae to crude oil: Million-year natural process takes mi... by Symmetry on Wednesday December 18, 2013 @09:02AM (#6927504)
That may work for cars, but not airplanes. And oil is also an important lubricant and plastic feedstock.
Re:Algae to crude oil: Million-year natural process takes mi... by VLM on Wednesday December 18, 2013 @09:15AM (#6927567)
And a feedstock for herbicides, pesticides, (some) fertilizers, or on a meta level above those, its a feedtock for "human food".

Of course you could eat the algae straight, or feed it to hogs and then eat hogs, but variety being the spice of life its a perfectly valid alternative tech to turn sunlight into food.