By Geoff Fein While the nation last week saw fuel prices hit the $143 per barrel mark, the Navy saw its price for oil rise to $170 per barrel, an 89 percent increase in the past nine months, a Navy official said. At the beginning of FY '08, the Navy was paying $90 per barrel, Capt. Chip Cotton, branch head for fleet training and readiness reporting, told Defense Daily in a recent interview. The Defense Energy Support Center (DESC) adjusted…
Navy Sees 89 Percent Jump In Cost of A Barrel of Oil Since Start of FY ’08
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