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| O Buys Synfuels for Navy at $16 per Gallon |
| 2011-12-05 |
| Call it $4 per liter and it doesn't sound so bad! The departments of Agriculture and the Navy announced plans Monday to buy 450,000 gallons of non-food biofuels -- at a cost of $16 per gallon -- in what will be the largest federal purchase of biofuels in U.S. history. The purchase is being authorized by an executive order under the Obama administration's "we can't wait" campaign. Administration officials gave no indication why they're not going through Congress, instead using a program that was established to promote rapid job growth by bypassing congressional debate. I got an idea why they "can't wait." Two Navy Secretary Ray Mabus said the Navy's led the way in power innovation -- from sail to coal, coal to diesel, diesel to nuclear, and now to biofuel. Aircraft and ships will use a 50-50 blend of biofuel and conventional fuel. Navy Secretary - that's an appointed position, isn't it? |
| Posted by:Bobby |
| #4 |
| Posted by: JosephMendiola 2011-12-05 21:15 |
| #3 |
| Posted by: JosephMendiola 2011-12-05 20:44 |
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| Posted by: Frank G 2011-12-05 20:00 |
| #1 |
| Posted by: Bobby 2011-12-05 19:25 |