Navy Biofuel Contract: Another Solyndra?
January 19, 2012This was at Conservative Daily News today………….How stupid is this cronyism? Not as stupid as one would think considering the manner in which the Sand Crawler In Chief operates.
This is an outrage to have to pay that much per gallon for any kind of fuel.
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.
The rest is at the link.
http://conservativedailynews.com/2012/01/navy-biofuel-contract-another-solyndra/
Yep, and there is NO budget to spend $400k MORE PER DAY, to steam a CRUDES… sigh