Trump Invokes Cold War-Era Law to Boost Oil Refining as Gas Prices Soar - Law Commentary
Trump Invokes Cold War-Era Law to Boost Oil Refining as Gas Prices Soar - Law Commentary
Source: Law Commentary
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DW NOTE
The Defense Production Act was designed to build munitions during war, not to fix refinery bottlenecks during a shipping blockade. Trump is using emergency powers to force refiners to run harder while the Strait of Hormuz sits at 4% capacity — which solves the wrong problem entirely. You cannot refine your way out of a crude supply shock when the tankers cannot get through.