07-03-2012, 04:06
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#1
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Quiet Professional
Join Date: Apr 2008
Location: 18 yrs upstate NY, 30 yrs South Florida, 20 yrs Conch Republic, now chasing G-Kids in NOVA & UK
Posts: 11,901
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Navy's 'Great Green Fleet' @ $26 Per Gallon Fuel
You can smell the french fries... 
$26 @ gal vs $3.60,, Sounds like a deal to me!!! 
One of the companies involved??
Quote:
Amyris Fuels
"Amyris, which has been struggling with low stock prices since peaking last year at $33.85, only to fall to $1.57 last week, has managed to make it back up to $2.65 as we write, slightly about the company’s liquidation price, if you don’t factor in that $150 million or more they’d have to pay their major investor if it all falls apart."
"Before the sale, Doerr, a partner at Kleiner, Perkins, Caufield & Byers [KPCB], controlling 3.7 million shares. A major player in so-called green tech investment, KPCB includes among its partners former Vice President Al Gore."
"Amyris shares ended the week at $3.23, up 18 cents for the week and up 64 cents from Tuesday’s all time low. But that’s still $30.62 below last year’s high of $33.85."
http://richardbrenneman.wordpress.co...ry/amyris-inc/
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Is Amyris to big to fail??
Will the SECNAV save the day by buying all their $26@fuel??
Has Al Gore Invented the Bio-Navy of the future??
Stay tuned kids,, News at 11PM...
Remember, It's only money,, that we don't have...
__________________
Go raibh tú leathuair ar Neamh sula mbeadh a fhios ag an diabhal go bhfuil tú marbh
"May you be a half hour in heaven before the devil knows you’re dead"
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JJ_BPK is offline
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07-03-2012, 04:45
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#2
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Quiet Professional (RIP)
Join Date: May 2007
Location: Carriere,Ms.
Posts: 6,922
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Quote:
Originally Posted by JJ_BPK
You can smell the french fries...
$26 @ gal vs $3.60,, Sounds like a deal to me!!!
One of the companies involved??
Is Amyris to big to fail??
Will the SECNAV save the day by buying all their $26@fuel??
Has Al Gore Invented the Bio-Navy of the future??
Stay tuned kids,, News at 11PM...
Remember, It's only money,, that we don't have...
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OMG,this is the stupidest move by the Navy ever.........
$26. a gallon for fuel:
http://www.reuters.com/article/2012/...86106X20120702
$26 @ gal vs $3.60,just plain stupid......... 
Big Teddy 
__________________
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Last edited by greenberetTFS; 07-08-2012 at 14:59.
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greenberetTFS is offline
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07-03-2012, 04:51
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#3
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Guerrilla
Join Date: Jul 2010
Location: midwest
Posts: 353
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It's all about the benjamins
The Navy wants to get patted on the head and get more overall funding and as of right now the ATM's in DC are all about Green. Don't hate the playa'.
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Remington Raidr is offline
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07-03-2012, 05:04
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#4
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Quiet Professional
Join Date: Apr 2008
Location: 18 yrs upstate NY, 30 yrs South Florida, 20 yrs Conch Republic, now chasing G-Kids in NOVA & UK
Posts: 11,901
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Quote:
Originally Posted by Remington Raidr
The Navy wants to get patted on the head and get more overall funding and as of right now the ATM's in DC are all about Green. Don't hate the playa'.
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If I had an employee that came to me with this "deal"??
I would fire him/her on the spot.....
__________________
Go raibh tú leathuair ar Neamh sula mbeadh a fhios ag an diabhal go bhfuil tú marbh
"May you be a half hour in heaven before the devil knows you’re dead"
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JJ_BPK is offline
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07-03-2012, 06:19
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#5
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Area Commander
Join Date: Jul 2009
Location: Indianapolis
Posts: 2,086
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This can be layed at the foot of the current Obama puppet SECNAV mabus. I don't think any previous SECNAV has hated the Navy more.
__________________
Daniel
GM1 USNR (RET)
Si vis pacem, para bellum
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Streck-Fu is offline
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07-03-2012, 07:42
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#6
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BANNED USER
Join Date: Jan 2007
Posts: 3,751
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The Navy sponsors the X-Games.
The Navy is a world-wide something or other "for Good". The "for Good" part makes me laugh so hard I forget what the something or other part is. Like they are the new new Avengers or something.
Lamest motto since "Join the People who joined the Army"
(I was barely a JtPWJtA Soldier, mostly I was a "Be All You Can Be" kinda guy)
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Dozer523 is offline
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07-03-2012, 07:43
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#7
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Quiet Professional
Join Date: Aug 2004
Location: NorCal
Posts: 15,370
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Even more expensive than originally projected - I'm shocked.
http://www.professionalsoldiers.com/...cost+navy+fuel
And so it goes...
Richard
__________________
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Richard is offline
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07-03-2012, 08:31
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#8
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Area Commander
Join Date: Jul 2009
Location: Indianapolis
Posts: 2,086
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Quote:
Originally Posted by Dozer523
The Navy sponsors the X-Games.
The Navy is a world-wide something or other "for Good". The "for Good" part makes me laugh so hard I forget what the something or other part is.
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I hate that advert campaign. Makes me cringe everytime I hear.... 
Whomever approved that needs to be beaten with a shot of chain.
__________________
Daniel
GM1 USNR (RET)
Si vis pacem, para bellum
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Streck-Fu is offline
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07-03-2012, 15:18
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#9
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Guest
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If it is so great and so green, why is it so damned expensive. If they really wanted to show cocern for the environment they would worry more about what is jettisoned over the side into the deep blue.
And take that money and start buying free range chickens and organic fruits and veggies to feed the sailors onboard (not that absurd in lieu of this).
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07-03-2012, 15:32
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#10
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Area Commander
Join Date: Apr 2011
Location: Midwest
Posts: 2,842
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Scoring points for being stylish is very expensive, somebody's pockets are getting lined. Development of these exotic fuels is ok, we will need them when we actually run out of fossil fuels but until then the big spenders need to spend the peoples money more prudently. Elections have consequences.
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cbtengr is offline
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07-03-2012, 22:37
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#11
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Quiet Professional
Join Date: Sep 2006
Location: Wilson,NC
Posts: 1,506
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They want to raise retirees Tricare fees, cut operational funds, perform another RIF, and have the gall to come up with this in the budget? Yea, that makes sense to me.
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R.D. Winters
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rdret1 is offline
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07-08-2012, 12:12
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#12
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Guest
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From what I can see, there isn't that much of a difference in fuel economy (distance travelled with biofuel vs. distance travelled with traditional fuel), and it is a huge difference in cost putting the price over $1000 per barrel.
What I think this is going to do is drive the price of food up again, by sending the price of corn even higher. Unless, and until they use something else besides corn based biofuels.
Anyone else know more about biofuel and fuel economy?
ETA: If there is a rise in the price of corn, there will probably be a rise in the price of gas at the pump as the price of ethanol goes up.
Last edited by Sarski; 07-08-2012 at 12:25.
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07-08-2012, 18:44
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#13
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Area Commander
Join Date: Apr 2011
Location: Midwest
Posts: 2,842
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The rise in the price of corn is actually forcing the ethanol industry to shut down production since the margins are getting too close to justify production costs. Corn is up 38% this year and the drought in the Midwest is driving corn prices continually higher. I pay 10 cents per gal. more at the pump right now for straight unleaded, as it continues to cost more to produce ethanol that margin will decrease which it has done in the past and eventually regular unleaded will cost less than the blended fuels. Ethanol has always cost more per gallon that straight gasoline but subsidies have kept the price lower at the pump. Food prices are going to be making a major leap soon.
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