White House Weighs Defense Production Act as U.S. Refineries Maxed Out
OilPrice.com
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The White House is considering using the Defense Production Act to add U. S. refining capacity, with American refineries already running at 98% capacity and diesel prices above $6 per gallon for the first time.
The proposal was discussed during President Donald Trump’s recent meeting with nearly a dozen U. S. refiners, according to Reuters. No decision has been made, and discussions are expected to continue.
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Original source: OilPrice.com