Published on OurFuture.org (http://www.ourfuture.org)
Gas Prices Worry Pentagon
By OurFuture.org Staff
Created 05/19/2008 - 8:23am

Article Source: 
http://www.armytimes.com/news/2008/05/army_fuel_051908w/ [1]
Article Publication Date: 
05/19/2008

In a revised request for supplemental war funding for fiscal 2009, defense officials have asked Congress to appropriate $3.69 billion for all fuels, a $2.2 billion increase over their initial request. According to Pentagon budget documents, the request would support a crude oil price of $97.19 per barrel — and also assumes that the military's overall fuel costs will drop by 4.8 percent. The current world price, however, is hovering around $120 per barrel, and many analysts think rising global demand and other factors will keep prices high.

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[1] http://www.armytimes.com/news/2008/05/army_fuel_051908w/