Farming oil

The Holy Grail in the renewable energy sector has been to create a clean, green process which uses only light, water and air to create fuel. Valcent's HDVB algae-to-biofuel technology mass produces algae, vegetable oil which is suitable for refining into a cost-effective, non-polluting biodiesel. The algae derived fuel will be an energy efficient replacement for fossil fuels and can be used in any diesel powered vehicle or machinery.

...also produces jet fuel.

Two fine videos on the website explain the up-and-running
plant and process, one for diesel and one for growing edibles.

See it here.