The production of renewable energy is undergoing rapid development. Ethanol primarily derived from corn and biodiesel made from recycled cooking oil and agricultural grains are established sources of renewable transportation fuel. Cellulosic ethanol production is increasing substantially, but at a rate below expectations. If future renewable fuel projections are to be accomplished, additional sources will be needed. Ideally, these sources should be independent of competing feedstock use such as food grains, and require a minimal footprint. Although the uses of algae seem promising, a number of demonstrations have not been economically successful in today‟s market. This paper identifies efforts being conducted on ethanol and biodiesel production and how algae might contribute to the production of biofuel in the United States. Additionally, the feedstock and land requirements of existing biofuel pathways are compared and discussed.