DOD issues contracts to advance biofuels

On Friday May 24, the Pentagon issued three contracts for biofuel construction plant planning capable of producing over 150 million gallons of advanced biofuels at prices that are competitive with fuels derived from oil.  ALPA and our coalition partners fought very hard to ensure that the Pentagon is able to continue their work in securing our energy future.  Today, our coalition issued a press release regarding these contract awards.  The Pentagon utilized funds appropriated to them through the Defense Production Act of 1950 (DPA).  Contrary to the claims made by some, the DPA has been in existence for over 50 years and has helped create commercial markets for many products we take for granted today.  ALPA will continue to be actively engaged with our coalition partners as we work to stabilize energy prices in our industry.

This entry was posted in Biofuels, Fuel Prices and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s