Home pagePress CenterIn the Media Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by the Associated Press, "Military Feels Fuel-Cost Gouge in Iraq."
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Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by the Associated Press, "Military Feels Fuel-Cost Gouge in Iraq."
Think you're being gouged by Big Oil? U.S. troops in Iraq are paying almost as much as Americans back home, despite burning fuel at staggering rates in a war to stabilize a country known for its oil reserves. [. . .]
The Pentagon's demand for fuel in Iraq has had little if any effect on global oil prices. Frank Verrastro, director of the energy and national security program at the Center for Strategic and International Studies in Washington, said the military's use of 1.2 million barrels a month -- or roughly 40,000 barrels a day -- represents a small chunk of the 86 million barrels demanded each day on the global market.
The Center for Strategic and International Studies (CSIS) is a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions; accordingly, all views, positions, and conclusions expressed in these publications should be understood to be solely those of the authors.
