NASA Admits To Selling Google Exec-Owned Company Discount Jet Fuel

In an embarrassing revelation, NASA admitted that it has been selling jet fuel at a steep discount to a company called H2-11, which is owned by Google’s top brass--Eric Schmidt, Larry Page, and Sergey Brin--and has hangar space at Moffett Field.

According to NBC Bay Area’s Investigative Team, NASA allowed H2-11 jets to fuel up at a price tag of between $2.37 and $3.20 a gallon while the same stuff went for $5 to $8.50 per gallon at nearby airports. Over time, that’s allowed H2-11 to save between $3.3 million and $5.3 million worth of taxpayer-subsidized jet fuel.

NASA H2-11 jet fuel discount

Senator Chuck Grassley of Iowa has been after NASA for some time to rectify the situation, and the space agency sent his office a letter admitting to an oversight that led to the unfair discount. “That sale of fuel was priced on a ‘full cost’ basis consistent with NASA’s agency-wide pricing policies on reimbursable activities with commercial partners,” reads the letter.

In regard to the demand that NASA extract that money that it let slip away, NASA says that it’s not possible, but the agency has adjusted its pricing approach and is now charging H2-11 “market rate” prices for jet fuel.
Via:  NBC
Comments
NickChristides 9 months ago

Brass->Bronze->Berrylium->Tungston Cabon Irrdium Steel with Strontium-Cadmium Plating!

TimothyHorton 9 months ago

So it was sold for less than the cost at nearby air fields. But what does the fuel cost? Just because it has a higher price at an air field does not mean they sold fuel at a loss.

mhenriday 9 months ago

Well, given the precarious financial position in which Google finds itself, and its exemplary services to agencies of the US government - think NSA and the State Department, and no doubt others of which we presently are unaware - perhaps the corporation does indeed deserve to fuel its corporate jets at a subsidy from US taxpayers....

Henri

FreeJet 9 months ago

Oh, NASA ain't embarrassed at the "oversight". They just got busted trying to help a corporate brother out. It don't take a rocket scientist to figure that out. Heck, I'm just surprised it wasn't a five finger discount considering what Google is capable of these days.

Atticus14 9 months ago

Bring Google Fiber to every house and all is forgiven :>

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