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Trump Invokes Defense Production Act to Boost Oil Production

Here’s what to know as the President officially determined energy production shortfalls to be a national defense risk.

Sources (2)· Oct 23, 9:44 AM to Oct 23, 10:15 AM

defense production act invocation Planet Economy Security

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CNBC· Oct 23, 9:44 AMTrump invokes Cold War-era Defense Production Act for oil production, refining
Time· Oct 23, 10:15 AMTrump Invokes Defense Production Act to Boost Oil Production

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era act to bolster U.S. gasoline productionOct. 23 (UPI) -- President Donald Trump on Thursday night invoked a Cold War-era federal law allowing the government to invest up to $150 million to boost

Breitbart News Network6h agoWhole story →

Planet Donald Trump defense production act invocation

Trump announces he'll use Defense Production Act to increase domestic gas productionPresident Trump invoked the Defense Production Act on Thursday, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump. The announcement was made in a presidential memorandum earlier on Thursday, but the president detailed the exact...

The Hill10h agoWhole story →

Planet defense production act invocation

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