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Trump Invokes Defense Production Act To Increase Petroleum Production
Trump Invokes Defense Production Act To Increase Petroleum Production
Authored by Timothy Frudd via The Epoch Times,
President Donald Trump invoked the Defense Production Act of 1950 in a memorandum on Oct. 22 to increase oil production in the United States as prices remain elevated amid the Iran conflict.
In Thursday's memorandum, Trump determined that ensuring the United States had a resilient domestic petroleum production, refining, and logistics capacity was essential for national defense.
The memorandum directed Secretary of War Pete Hegseth to complete purchases, make commitments, and use financial instruments to expand...
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Sep 28, 2026 / Tyler Durden
Colombia Extradites Alleged Drug Lord ‘The Spider’ To California
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Amy Coney Barrett Warns Of Escalating Death Threats Against Supreme Court
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