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Tag: shale

Posted inenergy, Policy

'Liquid coal' too costly for Pentagon despite GOP push

by Environment & Energy News June 7, 2011September 22, 2021

Tom Hicks, deputy assistant Navy secretary for energy, said in testimony to Congress that the rising price of oil “dramatically impacts the military.” For every $1 a barrel increase in oil, the Navy and Marine Corps pay more than $30 million. “We don’t have that money to spare.”

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