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White House Weighs Defense Production Act as U.S. Refineries Maxed Out

The White House is considering using the Defense Production Act to add U.S. refining capacity, with American refineries already running at 98% capacity and diesel prices above $6 per gallon for the first time. The proposal was discussed during President Donald Trump’s recent meeting with nearly a dozen U.S. refiners, according to Reuters. No decision has been made, and discussions are expected to continue. Refining executives told administration officials that federal money would produce more barrels faster if it were used to expand existing…

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The White House is considering using the Defense Production Act to add U.S. refining capacity, with American refineries already running at 98% capacity and diesel prices above $6 per gallon for the first time. The proposal was discussed during President Donald Trump’s recent meeting with nearly a dozen U.S. refiners, according to Reuters. No decision has been made, and discussions are expected to continue. Refining executives told administration officials that federal money would produce more barrels faster if it were used to expand existing…

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