$97.07

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As the price per barrel goes beyond $97, one story in the NY Times reports : •Bombing in Afghanistan kills 64. Tags: petroleum oil price per barrel Attack on pipeline in Yemen. Domestic oil inventory to fall. Severe weather forecast for North Sea. Oil platforms evacuated. Dollar weak. Severe weather shuts Mexican ports, disrupts oil supply to US.

2007 100

Department of Defense releases new operational energy strategy; more fight, less fuel

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aircraft over Afghanistan, 8 Dec 2010. billion, a 255% increase over 1997 prices. At least 80% of land convoys in Afghanistan are for transporting fuel to warfighters, Lynn said. From FY 2003 to FY 2007 in Iraq and Afghanistan, a total of more than 3,000 Army personnel and contractors were wounded or killed in action from attacks on fuel and water resupply convoys. operations in Afghanistan and Iraq, jet fuel (JP-8 or JP-5 on ships) is the most prevalent battlefield.

2011 191
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US Senate Armed Services Committee produces markup limiting DoD purchase of biofuels and prohibiting construction of biorefineries

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Afghanistan). Fueled by private investment, they are adding to America’s mix of domestic energy, reducing prices for consumers and freeing us of foreign influence. The US Senate Committee on Armed Services completed its markup of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2013. The bill emerging from the Senate committee authorizes $631.4 billion for national defense programs. The bill authorizes $498.0

2012 229

Secretary of the Navy Sets Target for 50% of Total Energy Consumption from Alternative Sources by 2020; Role for Biofuels and EVs

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The Commandant of the Marine Crops, General Conway said it best during the Marine Corps energy summit a few weeks ago when he described the fully burdened cost of a gallon of gasoline delivered to a piece of equipment in Afghanistan. In his speech, Mabus noted that Navy F/A-18s will fly on renewable jet fuel within 3 years.although the cost of the fuel used in that engine is high right now—it is still cheaper than putting gas into a generator on the battlefield in Afghanistan.

2009 254

Opinion: Is Russia Plotting To Bring Down OPEC?

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Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. Such a price war would pressure the competitors’ currencies.

Russia 195

Heard At The Show: Snippets from SAE 2009 World Congress

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How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. Skalny, Director, US Army TARDEC shared the following insights on fuel usage within the Department of Defense (DOD): Every $10/barrel increase in oil prices adds $1.3

2009 150