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On September 12, it was reported that the White House is considering using the Defense Production Act to expand US refining capacity. Related discussions stemmed from Trump's recent meetings with executives of nearly 12 refining companies, and no final decision has yet been made. Refiners believe that federal funding is more suitable for improving the efficiency of existing refineries or expanding existing facilities rather than building new refineries. According to reports, the capacity utilization rate of US refineries has now reached 98%, and the average price of diesel has surpassed 6 US dollars per gallon for the first time. In April, the US government authorized the expansion of domestic oil production, refining and logistics capabilities in accordance with the Defense Production Act.

智通財經·09/12/2026 00:33:00
語音播報
On September 12, it was reported that the White House is considering using the Defense Production Act to expand US refining capacity. Related discussions stemmed from Trump's recent meetings with executives of nearly 12 refining companies, and no final decision has yet been made. Refiners believe that federal funding is more suitable for improving the efficiency of existing refineries or expanding existing facilities rather than building new refineries. According to reports, the capacity utilization rate of US refineries has now reached 98%, and the average price of diesel has surpassed 6 US dollars per gallon for the first time. In April, the US government authorized the expansion of domestic oil production, refining and logistics capabilities in accordance with the Defense Production Act.