Every $10 oil rise ups Air Force costs $610 million

[flashl]

Source: Reuters

WASHINGTON (Reuters) - The U.S. Air Force operates the "world's largest airline" and every $10-per-barrel increase in crude oil boosts its annual operating costs by $610 million, Air Force Secretary Michael Wynne said on Thursday.

The Air Force's bill for aviation fuel was about $6 billion in fiscal 2007, Wynne told a defense industry group. He declined to predict what the total would be for 2008.

U.S. crude oil futures soared to a record above $135 a barrel on Wednesday, more than double the price of one year ago.

"We are very concerned about the instability in oil prices because it wreaks havoc on how we manage our flying-hour program across the Air Force, just as it is wreaking havoc on the pricing statistics for an airline," Wynne said.


Reuters

Read more: http://www.reuters.com/article/domesticNews/idUSN2252728920080523

[gasperc]

1. Oooops, better stop being so wasteful then

maybe the bombing thingys on your planes can help bomb your way to an oil supply solution? Oooops, no, that failed and has actually cost YOU more money. Man, what do you do with Irony like that.

[HCE SuiGeneris]

2. Combine those costs with the Army, Marines and Coast Guard, what do you get?

The fleecing of the American taxpayer!

It doesn't cost the Air Force, it costs US.

[progressive_realist]

6. Don't forget the Navy,

The world's largest user of diesel fuel.

[HCE SuiGeneris]

10. Oh yeah. Them too.

Hadn't had my coffee yet... :blush:

[AzDar]

3. Let's bomb a TRUE terrorist-sponsoring state : Saudi Arabia!

Bomb their ass, and take their gas......

You know, even I don't know if I'm kidding or not anymore.....:eyes:

[unhappycamper]

4. By their own admissions, the military uses 1,200,000 barrels a month.

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=259&topic_id=13024


Perhaps it's time to start conserving?

[lovuian]

5. the American Empire is OVER

no Oil no huge army thats what we are seeing a end of a age

[kestrel91316]

7. You mean to tell us WAR IS EXPENSIVE??????

:wow: ZOMG, who would have known THAT????

It's gonna get way expensive-er, too. Just watch.

[happyslug]

8. So for every 16 1/3 Dollars the price of oil goes up, the Air force spends Another Billion Dollars

And that is NOT counting the other services. Reminds me of the old Joke of what a Congressmen once said: "A Billion here, a Billion there, and plenty soon we are talking about real money".

[ckramer]

9. Ironically, it's not Nancy Pelosi killing the Iraq war, it's the oil price!

Impeach Pelosi!