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Politics : Foreign Affairs Discussion Group

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To: FaultLine who started this subject3/25/2002 7:40:05 PM
From: Elsewhere  Read Replies (2) of 281500
 
Military Fuel Buying Up for Mideast Bases
story.news.yahoo.com

Mon Mar 25,12:54 PM ET
By Richard Valdmanis

NEW YORK (Reuters) - The U.S. military, the world's largest purchaser of petroleum, is buying oil at rates not seen since the Persian Gulf War as it apparently seeks to fuel the Bush administration's fight against terrorism.

The Pentagon has tendered for some 7.4 million barrels of fuel above and beyond normal contracts for its Mideast bases over the past three months, according to the Department of Defense (DOD).

This mimics emergency buys made after Iraq invaded Kuwait in 1990 and dwarfs supplemental purchases during the NATO air wars against Serbia in 1999. ...
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