Thursday, April 03, 2008

U.S. military in Iraq gouged by gas prices.




Thinkprogress:

The AP reports that at the same time Americans are paying more to fill their vehicles at the pumps, the U.S. military’s fuel costs in Iraq are skyrocketing:

Military units pay an average of $3.23 a gallon for gasoline, diesel and jet fuel, some $88 a day per service member in Iraq, according to an Associated Press review and interviews with defense officials. A penny or two increase in the price of fuel can add millions of dollars to U.S. costs. […]

Overall, the military consumes about 1.2 million barrels, or more than 50 million gallons of fuel, each month in Iraq at an average $127.68 a barrel. That works out to about $153 million a month. […]

Still, some lawmakers say the U.S. is paying too much to secure an oil-rich nation that resides in a neighborhood swimming in the natural resource.

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