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  • Navy Biofuel Deal is 'Cost Prohibitive,' 'Another Solyndra,’ Critics Say

    12/23/2011 10:22:40 AM PST · by jazusamo · 28 replies
    CNSNews ^ | December 23, 2011 | Fred Lucas
    Navy jet takes off from U.S.S. Ronald Reagan. (U.S. Navy photo) (CNSNews.com) – The Obama administration’s deal to buy 450,000 gallons of biofuel for Navy jets comes at a cost of up to nine times higher than regular fuel, a spokesman for Sen. James Inhofe (R-Okla.) said, coming at a time when the U.S. military is already facing deep budget cuts. Inhofe, a member of the Senate Armed Services Committee and former chairman of the Senate Environment and Public Works Committee, has supported biofuel projects in the past, but has problems with a program the U.S. Department of Agriculture...