Paying 15 Times The Price of Regular
By Harold Hutchison
While the Blue Angels are being grounded due to the sequester, the Navy is still buying fuel made with “green” technology that costs roughly fifteen times as much as conventional jet fuel.
Gevo, the firm making the costly fuel, announced that it had a contract to provide 3,650 gallons of “green” jet fuel to the Defense Logistics Agency at a price of $59 a gallon. The contract contains an option for another 12,500 gallons at the same price. Standard JP5 jet fuel costs $3.75 a gallon, according to a document on the DLA’s web site.
So with the sequestration taking a hit, why is the DOD spending so much money on such costly fuel, when they could have saved over $200,000 on just that one order of fuel?