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The future looks very good for an algea or bacterial produced replacement for diesel oil. Many modern diesels now exceeding the hybrids on mileage, and are cheaper to produce.
The future of the electrics depends entirely on the manufacture of a reasonably priced high capacity battery.
Algae biodiesel has the potential to replace all crude oil world-wide. If algae farms can achieve their potential, then this could be completed 100 million acres in contrast it would take exponentially much more land to achieve the exact same effect with conventional biofuel crops
How To Transform Algae Biomass Into Useful BioDiesel Fuel? | Remade.info
Only 100 million acres?
That's a third of the 309,607,601 harvested acres in the USA (2007)
United States Fact Sheet: US agriculture income population food education employment unemployment federal funds farms top commodities exports counties financial indicators poverty farm income Rural Nonmetro Urban Metropolitan America USDA organic Cen
Where will these 100, million acres be?