Wednesday July 05, 2006

US Air Force to test alternative jet fuel blend

peakoil.com -> news.yahoo.com :

In September 2006, a U.S. Air Force B-52 bomber will take off with a new kind of jet fuel that can be derived from coal or natural gas. Two of its eight engines will be burning a mix of half oil-derived JP8 fuel and half a clean-burning alternative made from natural gas. According to studies by the U.S. Energy Department and Department of Defense, the alternative fuel is economic to use when oil prices are around $50 a barrel - well below current levels above $70 a barrel.

The U.S. military wants to buy up to 200 million gallons of alternative synthetic aviation fuel in 2008. That would be only a fraction of the 5 billion gallons of jet fuel the military burns every year, but it could nudge the industry toward more wide-scale production. U.S. passenger and cargo carriers, which burned nearly 20 billion gallons of jet fuel in 2005, are paying attention. That's because every penny increase in jet fuel prices costs them about $200 million in extra annual operating costs, according to the Air Transport Association of America.

(2006-07-05 12:50:15 SGT) [Energy] Permalink

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