Trump invokes Cold War-era Defence Production Act to boost oil production and refining
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
14/15
Depth
4/15
5-Axis Cultural Radar
US President Donald Trump determined on Thursday that petroleum production, refining and related activities are essential to national defence, a move that could open up US funding for fossil fuel projects. In a presidential memo, Trump also invoked part of the Cold War-era Defence Production Act, allowing him to provide financial incentives for oil-related activities, pipelines and storage of
