Navy Forced To Buy Biofuels From Obama-Connected Firm At Outrageous Prices | AZPUNDIT

Navy Forced To Buy Biofuels From Obama-Connected Firm At Outrageous Prices

Navy Forced To Buy Biofuels From Obama-Connected Firm At Outrageous Prices

Posted: December 14th, 2011 8:45 AM | Author: Henry D'Andrea

SOLYNDRA PART 39039923049238…

More cronyism from Obama…
The US. Navy was forced to buy biofuels from an Obama-connected firm at ridiculously high prices.
T.J. Glauthier, a member of Obama’s transition team, is a strategic advisor to the company selling the biofuels to the Navy.
IBD reported:
Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.
The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama’s neo-Keynesian economic ideology.
Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for Navy aircraft – the biggest federal purchase of biofuel ever.
It’s part of the White House’s “we can’t wait for Congress” strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, “we can’t wait to go broke.”
A look at the lucky seller of this environmentalist version of the proverbial $600 Pentagon toilet seat indicates that the move is not just wasteful, but ethically suspect.
As J.E. Dyer noted over the weekend on the Hot Air Green Room, “a member of Obama’s presidential transition team, T. J. Glauthier, is a ‘strategic advisor’ at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked – shock, shock – on the energy-sector portion of the 2009 stimulus bill.”
Solazyme had already gotten a nearly $22 million chunk of change out of the taxpayers thanks to the 2009 stimulus. We heard the ludicrous excuse last week from Obama Navy Secretary Ray Mabus, as quoted in the National Journal, that “we are doing this for one simple reason: It makes us better fighters” because “our use of fossil fuels is a very real threat to our national security and to the U.S. Navy ability to protect America and project power overseas.”