The Obama administration's hard-fought effort to use military purchasing power to spur the creation of a commercial-scale biofuel industry took a major step forward this morning with the awarding of three new fuel contracts. Together, the contracts are for the production of more than 100 million gallons per year of drop-in biofuels to be used in military jets and ships. The weighted average price of the fuel under the contracts is $3.45 a gallon, the administration said -- roughly the price for conventional military fuels and far less than the $27 a gallon the Navy paid for 450,000 gallons of biofuels for use in exercises in 2012.
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