Trump Admin Eyes Defense Production Act to Boost US Refining Capacity Amid Iran Tensions

The White House is considering using the Defense Production Act to expand US oil refining capacity as the conflict with Iran exposes vulnerabilities in global crude supply and price spikes.

A recent meeting between President Donald Trump and nearly a dozen US refiners aimed to determine how federal support could be used to add capacity, but no final decisions were made.

Refining executives suggested that federal money would be better spent on making refineries more efficient or expanding existing plants rather than building entirely new ones.