Fuel Hedging Task Group
DEFENSE BUSINESS BOARD WASHINGTON DC
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At the direction of the Under Secretary of Defense Comptroller USD C, the Defense Business Board formerly known as the Defense Business Practice Implementation Board was tasked with examining potential ways to reduce the Departments exposure to fuel price volatility by hedging in commercial markets. This request was initiated by the USDC after the Office of Management and Budget OMB directed that the Department of Defense DoD consider fuel hedging. The recommendations of the Task Group were to focus on whether fuel hedging techniques employed in the private and public sectors could be applied by the Department to its benefit.
- Economics and Cost Analysis