Sunday, July 15, 2012

U.S. biofuel producers find a lucrative new customer - the military

Reuters: The U.S. Navy angered Republicans by spending $26 (U.S.) a gallon for biofuels for this week's Great Green Fleet demonstration, but the Air Force received little attention when it paid twice as much per gallon to test synthetic jet fuel last month. The Air Force bought 11,000 gallons of alcohol-to-jet fuel from Gevo Inc, a Colorado biofuels company, at $59 a gallon in a program aimed at proving that new alternative fuels can be used reliably in military aircraft - once, that is, their pricing...

URL: http://www.theglobeandmail.com/news/world/us-biofuel-producers-find-a-lucrative-new-customer---the-military/article4417538/

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