The Aporia
Reuters. (2026, October 22). Trump invokes Cold War-era Defence Production Act to boost oil production and refining. South China Morning Post. https://www.scmp.com/news/world/united-states-canada/article/3371836/trump-invokes-cold-war-era-defence-production-act-boost-oil-production-and-refining
Reuters. “Trump invokes Cold War-era Defence Production Act to boost oil production and refining.” South China Morning Post, 22 Oct. 2026, https://www.scmp.com/news/world/united-states-canada/article/3371836/trump-invokes-cold-war-era-defence-production-act-boost-oil-production-and-refining.
Reuters. “Trump invokes Cold War-era Defence Production Act to boost oil production and refining.” South China Morning Post, October 22, 2026. https://www.scmp.com/news/world/united-states-canada/article/3371836/trump-invokes-cold-war-era-defence-production-act-boost-oil-production-and-refining.
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US President Donald Trump invoked the Cold War-era Defense Production Act on October 22 to boost oil production and refining, in response to soaring fuel prices following the US-Israel attack on Iran in February and subsequent conflicts that have disrupted global energy shipments. The move aims to increase domestic petroleum production and refine capacity by providing financial incentives for fossil fuel projects and pipeline construction, targeting a reduction in gas and diesel costs ahead of the midterm elections. Trump announced this at an Iowa rally in Sioux City, noting his intention to use the wartime statute to prioritize and expand U.S. oil refinery operations. The Department of Energy expects DPA funding to increase U.S. refining output by millions of gallons daily and lower fuel prices for Americans, who have been paying more than $4 a gallon on average since July. Brent crude futures rose 1.2% to $114.47 a barrel early Friday, reflecting ongoing supply concerns.