金色财经|9月 11, 2026 22:59
**[White House Considers Using the Defense Production Act to Expand U.S. Refining Capacity]**
Golden Finance reported on September 12, citing two informed sources via Reuters, that as the U.S.-Iran conflict exposes the risks of the United States being vulnerable to disruptions in global crude oil supply and soaring prices, the White House is studying how to use the Defense Production Act to expand U.S. refining capacity. The Defense Production Act is considered a last resort and has never been used to increase refining capacity before.
The proposal was recently discussed during a meeting between Trump and nearly 12 U.S. refinery companies, but no final decision has been made. Refinery executives have told the government that federal funds would be better suited for improving the efficiency of existing refineries or expanding current facilities, rather than building entirely new refineries, which are more costly and take years to complete.
The latest data shows that U.S. refinery utilization rates have reached 98%, nearing full capacity. Nationwide diesel prices in the U.S. have surpassed $6 per gallon for the first time, while gasoline prices remain high. The White House stated that expanding refining capacity is a priority for Trump and his energy team, and they are currently evaluating specific measures such as regulatory reforms, accelerating approvals, and increasing investments.
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