President Trump invoked the Defence Production Act to support oil production and refining. The move allows financial incentives for oil projects, pipelines, and fuel storage. Crude oil and diesel prices have risen following US and Israeli actions in Iran.
https://www.scmp.com/news/world/united-states-canada/article/3371836/trump-invokes-cold-war-era-defence-production-act-boost-oil-production-and-refining
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#defence #oil #production #fossil
https://www.scmp.com/news/world/united-states-canada/article/3371836/trump-invokes-cold-war-era-defence-production-act-boost-oil-production-and-refining
Image:
#defence #oil #production #fossil
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