https://www.tftc.io/trump-defense-production-act-petroleum-section-303-october-2026
President Trump invoked the Defense Production Act for domestic oil infrastructure. Fuel prices rose sharply, with Brent crude at $113/bbl and gasoline at $4.27/gal. The move authorizes federal purchases, loans, and guarantees without a dollar cap or specific projects.
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#defense #oil #production #energy
President Trump invoked the Defense Production Act for domestic oil infrastructure. Fuel prices rose sharply, with Brent crude at $113/bbl and gasoline at $4.27/gal. The move authorizes federal purchases, loans, and guarantees without a dollar cap or specific projects.
Image:
#defense #oil #production #energy
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