Since the 1950s, research has been undertaken to promote algal oil as a sustainable alternative to fossil fuels. This paper statistically analyzed 317 studies of algal bioreactors to determine the interdependence of biological and physical factors affecting oil yield. Algal growth rates in bioreactors often (71 %) exceeded maximal growth rates cited in the literature, and biomass was generally higher than maximum values cited for laboratory cultures. Growth rate decreased with increasing biomass, and biomass, not growth, dominated production rate, which was higher in closed than in open bioreactors. Except for Chlorella cultured in horizontal tubular reactors, there were no statistical differences in algal production when grown in different types of reactors. Production decreased with increasing bioreactor volume, but increased with surface to volume ratio of the bioreactor. In contrast, estimated oil yields increased with bioreactor volume. Four groups of bioreactors were identified based on their oil yields and biomass production: (1) higher yields with lower production were limited to open systems with volumes ≥10 4 L; (2) higher yields with higher production were almost exclusively closed bioreactors from 10 2 to 10 3 L; (3) lower yields with higher production were closed systems from 3 to 99 L; and (4) lower yields with lower production were a mix of open and closed systems with diverse volumes. Based on these groups, it is suggested that intermediate volume bioreactors with higher surface to volume ratios could give higher yields and production rates and would avoid the environmental and scale-up problems inherent in large bioreactors currently being used commercially to culture microalgae.