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Trump Admin Weighs Emergency Powers To Boost Refining As Diesel Tops $6

Trump Admin Weighs Emergency Powers To Boost Refining As Diesel Tops $6 With national average diesel prices above $6 a gallon and regular gasoline firmly above $4.20, the Trump administration faces mounting pressure to deploy every available policy tool to contain fuel costs ahead of the midterm elections. Disruptions tied to the Russia-Ukraine war and turmoil in the Gulf are intensifying the global refining super squeeze. Reuters reports late Friday afternoon that the Trump administration is considering whether to use the Defense Production Act to expand U.S. oil refining capacity as...
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