Thread: Future Fuels for Jets
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Old 12-14-2011, 04:45 AM
  #98  
jungle
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Originally Posted by Cubdriver View Post
FAA Awards Funds For Alternative Jet Fuels.


U.S. Navy, USDA make largest federal purchase of biofuels.

(12/6, FoxNews) The U.S. Navy and the U.S. Department of Agriculture signed an agreement to purchase 450,000 gallons of biofuel derived from nonfood sources. The fuel will power aircraft and ships as part of an initiative to promote biofuels. The purchase at $16 per gallon marks the largest federal purchase of biofuels to date.
I had to wonder why the Navy would buy 450,000 somethings for 16 dollars instead of 3 dollars.

I found out why, it makes for an interesting story.

It turns out that the real price was a little under $150 per gallon so far.
Last edited by jungle; 12-14-2011 at 06:07 AM.
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