(Reuters) - The Pentagon is pushing ahead with a $420 million effort to build refineries to make competitively priced biofuels, despite anger in Congress over the price the Navy paid for alternative fuel to test a carrier strike group this month.
http://www.reuters.com/article/2012/07/06/us-usa-greenfleet-idUSBRE86513S20120706 (http://www.reuters.com/article/2012/07/06/us-usa-greenfleet-idUSBRE86513S20120706)
Two thumbs up for the Navy. I dont see how they can claim its $27/gallon for the biofuel. Here bio is cheaper than regular (lower tax). If they can claim they have a $4000 hammer then its the same logic.
We need a big increase in refining capacity up here too.