Pentagon alone can't fix dependency on foreign oil.Despite highly publicized efforts by the Pentagon to showcase its energy-saving technologies and efforts to cut back on fossil fuel fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. consumption, it is not likely to become a pivotal force in reducing U.S. dependency on foreign oil. The Pentagon accounts for only 1 percent of the nation's fuel use, which is about the same amount that American Airlines alone burns. Although the Defense Department spends $2 billion a year on energy-efficiency programs, its buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. in the global oil market is negligible, at 340,000 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. , compared to 21 million barrels for the United States as a whole. As a result, any substantial progress in weaning weaning, n the period of transition from breast feeding to eating solid foods. weaning the act of separating the young from the dam that it has been sucking, or receiving a milk diet provided by the dam or from artificial sources. the country from foreign oil would have to come from civilian sectors of the economy, said John J. Young Jr., the Pentagon's director of defense research and engineering. "We can be influential. Bur we cannot drive the marketplace." Email your comments to Editor@ndia.org |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion