Motley Fool says Navy biofuels still have a way to go

The Motley Fool Online has profiled the US Navy’s biofuel initiative, explaining the motivations for their investment in the industry. The article is hesitant to award positivity to the program, concluding: “There still is a pretty big disconnect between the price and availability of drop-in biofuels when compared to petroleum-based products. However, the hope is that by working directly with the USDA the cost of biofuels will slowly come down so that by 2020 they will be both readily available and cost comparative. That is why this year’s procurement measures are a step in the right direction. But it’s still a small step, and the Navy has a large gulf to cross as it works to more than double its access to alternative energy sources over the next few years.”