Obama's Comprehensive Cronyism. He gets the Federal Government to spend $20,000,000 building a bio-refinery for a private company of his friends. Then Obama arranges for that bio-company to sell the US Government bio-jet fuel for $15.00 a gallon when the market price at a a national average was hovering at or about $3.89 a gallon. Jet fuel nominally runs at about $3.00 to $3.50 per gallon, or around 10% cheaper than traditional diesel fuel.
The price per gallon of jet fuel as of December 16, 2011 and down about 9.6% from a month ago, runs at about 3.28 per gallon.
http://www.iata.org/whatwedo/economics/fuel_monitor/Pages/index.aspx
You can spike that price about 60 to 70 cents for the San Francisco Bay Area where Solazyme -- a joint venture business of Tyson and Syntroleum -- is based, and still sells to the US Navy at an over and above retail or an $11 a gallon $4,950,000 criminally gouged excess over and above cost to the US Navy for just 450,000 gallons of fuel.
Oh yeah, $15.00 a gallon for bio-jet fuel that sells for perhaps $4.00 in the San Francisco Bay Area is sold at a minimum $10 a gallon pure US Treasury / US Tax-payer price gouge.
So where is that extra $11 in pure price gouging? At $15 a gallon just how much would that transfer to Obama's alleged Lichtenstein and/or Cayman Island Offshore slush fund bank accounts? Would an Obama fee at, or slightly under $1,000,000 be an unreasonable business finders fee for just this one deal (at 20%)? forget adhering to Federal Law. When you occupy the Presidency illegally using a forged Press Released only Birth Certificate, a stolen Social Security Number that is flagged by E-Verify, and do not have a US Citizen Father nor proof he was born on US Soil he can introduce under penalty of perjury in a Court of Law to be a US Natural Born Citizen...as long as his Crony Attorney General ignores Federal Law where himself (Fast & Furious, et al.) and Obama are concerned, then almost anything goes.
So, just how many hundreds of millions could Obama have already accumulated while looting the US Treasury through Congress NOT passing a budget these last 3 years, I wonder? Not that the Media would bother to find out or care, even if it were 10 or 20 billion dollars...they wouldn't. In fact, they are so Obama corrupt they'd likely applaud it. Just asking, though.
Lou Dobbs on the Comprehensive Obama Cronyism
Press Release
Dynamic Fuels and Solazyme Partner to Supply Renewable Fuel to U.S. Navy
Supply contract represents single largest purchase of biofuel in government history
Washington, D.C. – December 5, 2011 – Dynamic Fuels, LLC, a joint
venture between Tyson Foods, Inc. (NYSE: TSN) and Syntroleum Corporation
(NASDAQ: SYNM), has been awarded a contract to supply the U.S. Navy
with 450,000 gallons of renewable fuels. Solazyme, Inc. (NASDAQ: SZYM),
a renewable oil and bioproducts company, will help Dynamic Fuels
fulfill the contract, which the Navy and the USDA report is the single
largest purchase of biofuel in government history.
The contract involves supplying the Navy with 100,000 gallons of jet fuel (Hydro-treated Renewable JP- 5 or HRJ-5) and 350,000 gallons of marine distillate fuel (Hydro-Treated Renewable F-76 or HRD-76).
The fuel will be used as part of the Navy’s efforts to develop a “Green
Strike Group” composed of vessels and ships powered by biofuel.
The Navy contract follows on the heels of both companies’ involvement
in historic commercial airline flights using biofuel. This includes
Dynamic Fuels’ renewable jet fuel work with KLM Royal Dutch Airlines,
Finnair, Thomson Airways and Alaska Airlines, and Solazyme’s recent
flight and partnership with United Airlines, which includes a letter of
intent to provide 20 million gallons a year starting in 2014.
The fuel for the Navy will be manufactured at Dynamic Fuel’s Geismar,
Louisiana, renewable fuels plant using U.S.-sourced yellow grease (used cooking oil)
as well as Solazyme’s tailored algal oil as feedstocks. The fuel will
be delivered to the U.S. Navy in May 2012. The Dynamic Fuels plant,
which has been in operation for more than a year, is designed to convert
non-food feedstocks such as algal oil, animal fats, and greases into
renewable fuels.
“This award clearly demonstrates that we’re building momentum for the
sale and use of our renewable fuels,” said Jeff Bigger, director of the
Dynamic Fuels LLC Management Committee. “We’ve previously provided the
U.S. military with fuel for testing. We believe this contract confirms
they recognize the performance and environmental advantages of our fuel
since they’re coming back for more and are asking for a much larger
volume.”
“This is an historic contract and we are proud to be teaming up with
Dynamic Fuels to produce and deliver the advanced biofuel to the U.S.
Navy to sail the Great Green Fleet. Dynamic Fuels has been a leader in
next generation advanced biofuels technology and this partnership
further solidifies the progress that both of our companies are making in
bringing advanced renewable fuels to commercialization,” said Jonathan
Wolfson, CEO, Solazyme. “Solazyme is honored to be working with the U.S.
Navy and DLA-Energy in driving forward the Navy’s effort under
Secretary Ray Mabus to source 50 percent of its energy from renewable
sources by 2020.” ... Photos of the facility can be seen by clicking:
Solazyme is San Francisco area based and will go to 20,000,000 commercial airline dispensed gallons a year as of 2014.
While Obama & his Criminal - behaving "friends" rips off the taxpayers in the US Treasury, his illegal Administration -- because he is illegal, so is his Administration in enforcing any post-January 19, 2009 policy or regulation or code or law -- stifles and restricts fossil fuel energy development from dropping prices through restriction FROM development. When we say, "No you can't break the Law", his and the Democratic Party Line reply is an '08 "Yes we can!"
The Associated Press via CNBC reports an expected gas average of $3.53 per gallon and an expense of $4,155 for the year for the average consumer...more than it has ever been.
http://www.cnbc.com/id/45727242
Is this what was meant by an Obama nation = Abomination?
Obama's Gulf oil response intentionally drove away US development in a hope to cripple the US economy even more. The US has the potential of being a self-sufficient energy powerhouse, but BIG GOVERNMENT gets in the way of self-sufficiency and Independence / Liberty.
The Video related 49 page pdf is @
http://energyforamerica.org/wp-content/uploads/2011/12/Energy-Inventory-FINAL.pdf
See also the September 7, 2011 Wood MacKenzie issued 2012-2030 Forecast Potential slideshow report @
http://energyforamerica.org/wp-content/uploads/2011/09/API-Wood-Mackenzie-US_Supply_Economic_Forecast1.pdf
Only last April, i.e., April of 2011, did Obama put forth a trial balloon scheme of raising $435 Billion dollars with what amounted to a $2.40 a gallon tax increase at the pump. He is dedicated to passing this same increase and more in the future, from what we know now, NOT to fund the Department of Transportation,
http://brianroysinput.blogspot.com/2011/04/new-gas-tax-240-gallon-eyed-by.html
but to exploit a profit-sharing of the US Treasury between himself and any elitist friends who are cut in to the take, just like the Mafia took money for terrorism called "protection" and those who paid for vices.
Oddly enough, the Media and the Liberal Left see themselves as righteousified doers of pragmatic truths, as if they are often in part a realization of a fictional Floyd Gibbons reporter right out of an Eliot Ness "Untouchables" story.
It is ironic though, that Obama teams up with Tyson Chicken to act tough with America, while going around the world, wetting his pants to other world leaders apologizing while advancing radical Islam (even to overthrowing Egypt for the Muslim Brotherhood and Hamas and Libya for Al Qaida), acting abroad as if wearing a chicken suit of Tyson feathers...and he does what here in the US? He ruffles his feathers, looks up in the air and down his nose, and declares himself as the 4th best President ever, after Vietnam war creating Lyndon Johnson (as his favorite), followed by Franklin Delano Roosevelt, and Abe Lincoln. Really. I can't make this narcissism of Obama up.
Says Obama to CBS (60 Minutes) Steve Kroft:
As you said yourself, Steve, you know, I would put our legislative and foreign policy accomplishments in our first two years against any president -- with the possible exceptions of Johnson, F.D.R., and Lincoln -- just in terms of what we've gotten done in modern history. But, you know, but when it comes to the economy, we've got a lot more work to do. And we're gonna keep on at it. { read for "keep on at it" as "keep on destroying the economy, which we figure will now take us a total of 8 years because the US economy was much stronger than we originally thought it to be.}
And see also my previous article, on Obama's Spring 2011 gas tax spike which he intended to immediately gouge the US Consumer with an overnight spike of $2.40 per gallon if he would have gotten his way, in the article which I posted here
http://brianroysinput.blogspot.com/2011/04/new-gas-tax-240-gallon-eyed-by.html
and also Scribd
Price Gouging by the Major Oil Companies at the Gas Pumps 2011 Now All Too Transparent
Be informed and make your voice for Liberty and Faith heard. Keep the world free, and only then can you keep a "rockin' in a free world." Much much better than living under the tyranny and poverty -- or the eventual total annihilation once we are nuclear weapon disarmed and emasculated in the plans Obama has for all of us.
Peace.
Super information !!!
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