http://larrymwalkerjr.blogspot.com/2012/03/ends-of-green-agenda.html
According to Marine Corps Times, in 2009 the U.S. Navy paid $424.00 per gallon for 20,055 gallons of biodiesel made from algae, which set a world record at the time for the cost of fuel. Are you kidding me? In the midst of the worst recession since the Great Depression, the Navy thought that paying $424.00 per gallon for algae biodiesel while petroleum based diesel was selling for an average of $2.50 per gallon was somehow smart?
Then, in December of 2011, according to Defense News, the U.S. Defense Department signed a contract to buy 450,000 gallons of biofuel – the largest purchase ever by the federal government – to power the U.S. Navy's "green" carrier strike group. The blend of used cooking oil and algae will be mixed with traditional fuels to help power the carrier strike group during military exercises this summer in the Pacific Ocean. The $12 million purchase works out to about $26.00 per gallon.
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(Article does continue.)
Zim: From $424 a gallon to $26 a gallon . . . A significant drop.
Personally, I think it'll drop more . . . if large scale production is put into place and 'We' buy lots more of it. Will it drop enough to be cost competitive with fossil fuels? I hope so.
Zim.
Mad Poet Strikes Again.