Fuel-cost worries extend to Pentagon »
Posted By engineer 4 months, 3 weeks 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
Hi 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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engineer4 months, 3 weeks ago
To alleviate our expenses, the US has to charge other countries for the cost of our troops stationed in foreign lands for their protection
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BB644 months, 3 weeks ago
I would agree, if places like Germany, Japan and South Korea want our people there, they should help out. They charge us millions for rent and other services. Won't pay, we've moving to a better neighborhood.
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Teech4 months, 3 weeks ago
Doesn't compute to Bush and his Neocons. Middle class tax payers get the bill, ultra-rich get huge tax cuts, Mobil-Exxon gets huge tax breaks on record profits, and we just tack the extra costs on to the 10 trillion national debt for your kids to pay.
Mission accomplished. Vote McCain for four more year of the same.
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Justice4All4 months, 3 weeks ago
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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JohnQPublicComment removed: User banned.6 Replies
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vor4 months, 3 weeks ago
The PNAC agenda calls for securing the necessary resources to ensure American dominance over the coming century. It is essentially our foreign policy yet it has been a massive failure. Why spend a trillion dollars to secure the oil then let the Iraqi's profit from the revenues? It is an extremely stupid line of reasoning. Yet we didn't want the Iranians acquiring this resource and most of all not the Chinese. Which creates the ultimate irony in that in an effort to prevent their acquiring these resources we borrowed much of the funding to secure these fields from the Chinese and the Saudi's. How could any right thinking American support such a policy? Apparently about 30% do. There was recently a bill introduced in Congress requiring the Iraqi's to pay for further American support from oil revenues. It appears to be going nowhere. How can that be?
If you can't see that the men making these decisions are at best IDIOTS, I suggest you vote for John McCain this fall.
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BB644 months, 3 weeks ago
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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nostalgia4 months, 3 weeks ago
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: User banned.3 Replies
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foksipayne4 months, 3 weeks ago
And families can't decide whether to put food on the table, or fuel in their tanks.
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Justice4All4 months, 3 weeks ago
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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quackpot4 months, 3 weeks ago
WRONG WRONG WRONG
Oil prices were stable for about 20 years prior to 2004 when they started their exponential climb.
Who was in Power in 2004 - 2007?
What event that destabilized the middle-east took place shortly before 2004?
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aniokly4 months, 3 weeks ago
Gas was $2.11 when the Democrats took control of Congress in 06, after swearing by what ever God they chose that they would lower gas prices, among other things. End the war, Impeach the President. Now it is double, and they like it like that, they have always wanted the sweaty masses off the Highways with their SUVs
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seriousdude4 months, 3 weeks ago
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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joeblowe4 months, 3 weeks ago
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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nikkibabe4 months, 3 weeks ago
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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Cityslicker4 months, 3 weeks ago
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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nikkibabe4 months, 3 weeks ago
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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nostalgia4 months, 3 weeks ago
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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JohnQPublicComment removed: User banned.2 Replies
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unome24 months, 3 weeks ago
How much fuel does it take to run the greatest, most horrendouly destructive mass murdering machine the world has ever known-the United States Military.
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unome24 months, 3 weeks ago
Just how much fuel does it take to run the most horrendously destructive mass murdering machine the world has ever known- the United States Military.
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nikkibabe4 months, 3 weeks ago
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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