Skip to content

Report: Military Misses on Cheap Gas

CNBC reports that “yes, the price of oil is in a free fall, and a gallon of gas at the station is falling fast, even below two dollars in some parts of the country. But you know who’s not getting cheap gas? The U.S. military.”  

“It’s paying 100 times the price the rest of us are. The total cost of getting fuel where it needs to be is skyrocketing the cost for military gas. At a burn rate of 300,000 barrels of oil per day, the Department of Defense consumes 1.5 percent of total national consumption, and is the largest user of energy in America. As a result, it is the biggest proponent of clean energy. Even a total cost of $100 per gallon would be a steal for the military. That’s because its calculations on energy costs are very different than for a regular consumer.”

Recent Stories

Capitol Lens | Recess review

House appropriators delay Defense markup plans amid uncertainty

Trump could keep an acting attorney general for months

At the Races: Taxes on the trail

Democrats kick off response to Trump’s annihilation threats

Trump’s Iran threats resonate even after ceasefire announcement