Dynamic Fuels, a joint venture between Tyson Foods and Syntroleum Corporation, has been awarded a contract worth $12 million to supply the US Navy with 450,000 gallons of renewable fuels. The contract involves supplying the Navy with 100,000 gallons of jet fuel and 350,000 gallons of marine distillate fuel. 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 biofuels. The Navy Secretary Ray Mabus admitted to Bloomberg that the contract effectively amounts to some $26/gallon. The fuel will be delivered to the U.S. Navy in… Login to continue

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