Thursday, January 19, 2012

Navy Biofuel Contract: Another Solyndra?

..........At a time when the military budget is under attack and is being cut, the Department of Agriculture and Department of the Navy announced earlier this month (December, 2011) that the Navy bought 450,000 gallons of biofuel at $26 per gallon, $16 per gallon if the biofuel is mixed with regular jet fuel. That is up to nine times the cost of regular jet fuel. In August, 2011, the Obama administration announced their intentions to spend $510 million during the next three years to buy advanced “drop-in” biofuel for military transportation. The purchase is part of the Obama administration’s “We Can’t Wait” initiative, which involves bypassing Congress when possible. And all of this comes as Obama cancels the Keystone XL oil pipeline that would facilitate access to the estimated 1.7 trillion barrels of oil in North America.............


"We Can't Wait" OK. So the rush to bypass the Congress and do business via "executive order" is starting to show some serious problems. 
$26 a gallon? So the forces will simply have to stay at home now due to the extreme cost of operating in what is for them a normal manner? I knew the Sand Crawler In Chief hated us but he has taken that to a completely new level................
The rest is at the link.

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