By: Anonymous
Noah, check your math, 450,000 gallons for 12 million dollars yeilds $26.67/ gal. If the navy pays $4.00 for bunker #2 that’s 6.67 times more expensive for the bio-fuel folly! What politicians...
View ArticleBy: Byron Allen
This is absolutely stupid. With our government running huge deficits, how in the world could the Navy by fuel at $28/gal? I suspect another solyndra type deal with Obama donors getting the money.
View ArticleBy: marie
follow the money. the gov’t funded solazyme’s refinery, then supplied them w/ their customer, the u.s.navy. and, tj glauthier is an adviser to solazyme and friend to obama and clinton. more...
View ArticleBy: Anonymous
One of the members of Obama’s transition team, T. J. Glauthier, is a “strategic advisor” to Solazyme (one of the companies mentioned in the article). I wonder how much he made on this deal.
View ArticleBy: Anonymous
Yea, let’s wait until AFTER World War III breaks out over the Middle East, instead of doing this now. Let’s wait until OPEC, the unaligned nations, and Russia block oil from going to western nations....
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Navy’s Big Biofuel Bet: 450,000 Gallons at 4 Times the Price of Oil
The Navy just signed deals to buy 450,000 gallons of biofuels -- arguably the biggest purchase of its kind in U.S. government history. The purchase is a significant step for Navy Secretary Ray Mabus'...
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