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Fuel Hedging Task Group , 2004

From the report: "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 Department’s exposure to fuel price volatility by hedging in commercial markets. This request was initiated by the USD(C) 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."



Defense Business Board (DBB)


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