Trump Invokes Defense Production Act to Boost Oil Output and Refining
🏭 WARTIME ECONOMY — A Cold War tool activated now signals Washington knows $113 oil isn't temporary. 📌 LOOK CLOSER: The DPA lets the government direct private energy capacity — bypassing markets. Invoked here, it signals the White House no longer trusts price signals alone to secure supply. With Hormuz near-zero and November 5 days out, Trump is preparing domestic production as a strategic buffer before strikes land and Gulf exports worsen.
