Tuesday, July 3, 2012

Why is the Navy Switching Over to $26 Dollar a Gallon for “Green Fuels?”




New post on Scotty Starnes's Blog

Why is the Navy Switching Over to $26 Dollar a Gallon for "Green Fuels?"

by Scotty Starnes

It's not like we're broke or anything or that all of Obama's green initiatives have produced failures.

From Fox News:

The Navy is steaming ahead with an initiative to power ships with biofuel, despite criticism the so-called "green fuel" costs nearly seven times more than conventional fuel.

Guess this isn't Obama's algae?

This month marks the first time the Navy is using biofuel in an operational setting -- sending five ships to a multi-nation exercise off the coast of Hawaii.

A Navy official told FoxNews.com on Monday that sailing the so-called "Great Green Fleet" this month on the 50-50 blend of alternative and conventional fuel is part of Navy Secretary Ray Mabus' plan to have half the Navy fleet on alternative fuel by 2020.

The spokesman also confirmed the fuel -- which does not require engine modifications -- costs $26 a gallon compared to $3.60 a gallon for conventional fuel.

However, he pointed out the cost was for a one-day supply and that prices will drop when the Pentagon, among the country's biggest fuel users, buys more.

Capitol Hill Republicans have been among the biggest critics of the plan -- questioning the fuel's cost and President Obama's alternative-energy initiatives as either not ready or too expensive for the marketplace.

They point to the government-funded Solyndra solar panel company going bankrupt as a cautionary tale.

"I don't believe it's the job of the Navy to be involved in building ... new technologies. I don't believe we can afford it," said Arizona Sen. John McCain, the ranking Republican on the Senate Armed Services Committee, according to Reuters.

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