A method for manufacturing an algal oil based bio-lubricant includes selecting a base algae strain with a fatty acid profile that includes oleic acid, introducing the base algae strain to a flue gas recycling system, introducing a lipid trigger to the flue gas recycling system to enhance the lipid production efficiency of the algae, harvesting the algae, extracting an algal oil from the algae that is more than 40% oleic acid, and converting the algal oil into bio-lubricant using chemical modification and/or the incorporation of stabilizing additives.