Gas Prices Worry Pentagon

armytimes.com — In a revised request for supplemental war funding for fiscal 2009, defense officials have asked Congress to appropriate $3.69 billion for all fuels, a $2.2 billion increase over their initial request. According to Pentagon budget documents, the request would support a crude oil price of $97.19 per barrel — and also assumes that the military's overall fuel costs will drop by 4.8 percent. The current world price, however, is hovering around $120 per barrel, and many analysts think rising global demand and other factors will keep prices high.

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