Fuel-cost worries extend to Pentagon »
Posted By engineer 1 year, 6 months ago in Business & FinanceThe skyrocketing cost of fuel a bit of a hole in the Pentagon budget. In a revised request for supplemental war funding for fiscal 2009, submitted May 2, defense officials have asked Congress to appropriate $3.69 billion for all fuels, a $2.2 billion increase over their initial request.
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engineer
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My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...
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engineer1 year, 6 months ago
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Dionys1 year, 6 months ago
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"To alleviate our expenses, the US has to charge other countries for the cost of our troops stationed in foreign lands for their protection "
Garbage.
Our troops are there for strategic placement to react to situations around the world and secure OUR interests.
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Justice4All1 year, 6 months ago
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I thought this war was supposed to be paid for with oil money from Iraq? With oil prices going up we should be making enough money to start a second war in what ever country the Bush Regime decides needs to have their butts kicked.
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jmopinion1 year, 6 months ago
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BB641 year, 6 months ago
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You really don't have a concept of the global oil market. China and India have started buying as much oil as the USA. Imagine being the salesmen for this "problem". Your major markets were in the EU and North America. All of a sudden, you have 2 new markets on line almost at the same time that literally doubles your sales.
As to Iraq, that would be fine but what is the army going to do with sweet crude oil? I didn't think Iraq had refineries. They ship the crude out to Saudi or some other middle eastern nation.
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nostalgia1 year, 6 months ago
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It's not just the Pentagon
Ever wonder how fuek costs are impacting school districts?
I read articles about the issue in the local north Texas districts:
Dallas Morning News: Area school districts are finding ways to cut costs as fuel prices soar.
It's also police departments: Daytondailynews.com
Fuel costs vex police agencies, school districts
Denverpost.com: Gas prices strain school budgets
It is really hitting schools, police etc very hard
We also better pay attention to the number of trucking companies going out of business because of fuel costs:
'Nationally, 935 companies with five or more trucks closed in the first quarter of 2008, according to the American Trucking Association. And it's bad news in a nation that depends on trucking for 70 percent all freight transportation, and for a state that depends on the industry for more than 126,000 jobs in 2005."
http://www.tuscaloosanews.com/apps/pbcs.dll/art...
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JohnQPublicComment removed: Retracted by user3 Replies
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Justice4All1 year, 6 months ago
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Oil prices are not as bad as everyone thinks. Part of the problem is we are paying with devalued dollars. But then the major reason for the devalued dollar is deficit spending to finance this war. So I guess what goes around comes around.
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seriousdude1 year, 6 months ago
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If the Pentagon is feeling it too, why don't they adopt technologies discussed in places like http://www.SaveGasSaveEarth.com and also give it to the world. Anybody who doesn't want to think outside the box, don't argue with me, I don't have the scientific background to answer you. Please look at "The Tom Bearden website"
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joeblowe1 year, 6 months ago
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Hmmmmm - if we didn't HAVE troops and bases all over the world, do you suppose that would have an impact on the amount of fuel the military needs? Let's fact it, the military - even if we DIDN'T have bases all over and DIDN'T have ourselves involved in a "war" - would still require a good bit of fuel. Training exercises alone would take up quite a lot. And it is certain that we would not want to suspend training exercises. It's much better to have a smaller, well trained, ready force than a larger one that doesn't know feces from shoe polish because they are getting TOO conservative with fuel. The thing that I find REALLY dangerous - we depend on countries that either ARE are WERE or soon COULD be - OUR ENEMIES! Do you suppose they will still sell us oil if we are bombing them someday? (Probably - they will need the money to buy our obsolete weapons...)
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nikkibabe1 year, 6 months ago
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OPEC and Middle East can squeeze life out of US by controlling oil production and prices. I hope this is their way of saying they had enough of Bush and his Iraq invasion, cuddling Israel at all cost, starving poor in Gaza and calling an elected government of Hamas as terrorists.
If you followed the speech by the Saudi Foreign Minister during Bush's vacation last week, he did mention the "PLIGHT" of the Palestine people.
Good Riddance, Bush & his team. I wish there was a constitutional provision to get them out immediately after the election on Nov. 4th.
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Cityslicker1 year, 6 months ago
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I have it figured out : We are allowing such high Oil prices to force Airlines into Bankruptcy , and giving Terrorist groups the amount of money they need to purchase them , that way Terrorist will not use their own Planes to harm us again .
(sarcasm)
What is two days in a row with no rise in Oil prices called ?
Weekend
Fort Knox has removed all it's Gold Bullion and replace it with Quart cans of Oil .
Waht do you get when you let ex-Enron Traders into the Oil Commodity Market ? Recession
How do you trade Stocks ? Base it on Fear , Weather , Rumors .
Two more days and Hurricane report is announced , prices per barrel will jump !
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nikkibabe1 year, 6 months ago
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Americans can expect $10 per gallon by Election Day. It will be a day of reckoning to kick all Republicans in Congress out of Washington DC who have followed sheep mentality and stood by the biggest crook ever to occupy the White House.
I mean all states except Texas. W.Virginia & Kentucky which remain the hot Red Neck States.
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nostalgia1 year, 6 months ago
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Nikkibabe you may be correct about the $10/gal if the Pelosi House gets their way
House passes bill to sue OPEC over oil prices
The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices
http://www.reuters.com/article/topNews/idUSWAT0...
Anyone want to bet what the OPEC response will be?
I'll put my money on reduce oil production
Does anyone in Congress EVER consider the possible consequences of their actions or are they only concerned about trying to convince the public that they are doing SOMETHING??
Wonder if OPEC could turn this around and sue the US for refusing to drill here - where we know there is oil?
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nikkibabe1 year, 6 months ago
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Quote:
"Nikkibabe you may be correct about the $10/gal if the Pelosi House gets their way".
NO, by getting out of Iraq, the country can save millions of gallons of gas used by US forces along with the $$billions in money being spent to patrol the streets there. "TALK" to every government in the Middle East to promote peace instead of showing them "BOMBS". A friendly Middle East is required to resolve oil price crisis.
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