Economic Report: You’re Feeling The Pentagon’s Pain At The Pump, Too

[Omaha Steve]

http://www.laborradio.org/node/7291

By Jesse Russell

You may be paying even more at the pump than you previously thought. According to CNN the U.S. military uses 340,000 barrels of oil per day. And that means every time a barrel jumps by ten dollars, the pain is felt by taxpayers, who will pay an additional $1.3 billion a year. The Pentagon deals out nearly $20 billion for that oil, with the Air Force the biggest user at $8 billion per year. CNN reports 14 million less barrels were used than in 2005, but they paid $3 billion more.