President Donald Trump has spent most of the year on a war footing, and not just in Iran. He has repeatedly invoked the Defense Production Act, passed in 1950 at the outbreak of the Korean War, to advance his energy policy goals of elevating fossil fuels and sidelining clean technologies.
President Donald Trump announced on Thursday that he intends to use the Defense Production Act to bolster domestic oil refining capabilities in the hope of putting downward pressure on record-high diesel and gasoline prices.
President Trump invoked the Defense Production Act on Thursday, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump.
WASHINGTON — President Donald Trump determined on Thursday that petroleum production, refining, and related activities are essential to national defense, a move that could open up U.S. funding for fossil fuel projects.
by Carl Fox at CDN - President Trump invoked the Defense Production Act to direct up to $150 million toward U.S. refining, storage and fuel logistics as diesel prices climb past $6 a gallon. Click to read the rest HERE-> Trump Invokes Defense Production Act, Puts Up to $150 Million Toward Refining a…
Trump invokes Cold War-era act to bolster U.S. gasoline production | Since Then