Trump Invokes Defense Production Act to Boost U.S. Oil Production Amid Soaring Fuel Prices
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LN24 / 2 hours
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U.S. President Donald Trump has invoked the Cold War-era Defense Production Act to strengthen domestic oil production, expand refining capacity and increase fuel supplies as rising energy prices place growing pressure on American consumers and businesses. In a presidential memorandum issued on October 22, Trump designated domestic petroleum production, refining and related infrastructure as essential […]