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Oil

US Navy's fuel-innovation efforts may never get serious without $100/b oil

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Listen: US Navy's fuel-innovation efforts may never get serious without $100/b oil

Faced with staggering oil costs, the US Navy once launched an effort to innovate how it fuels its fleet with biodiesel and other alternatives.

But without $100/b oil, the innovation effort may never get serious, according US Navy Admiral Jonathan Greenert. On the latest Capitol Crude, Greenert, who was the Chief of Naval Operations from 2011 to 2015, talks at length about the Navy’s fuel challenges. Part 2 of 2.

Part 1: Iran, global maritime security and the US role in policing international waters


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