The Valero oil refinery in Three Rivers, Texas, with distillation towers, storage tanks and a tall smokestack under a blue sky.
Valero refinery, Three Rivers, Texas © Moore

Trump Uses Defense Production Act to Back U.S. Oil Production and Refining

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President Donald Trump signed a Defense Production Act determination Thursday that lets the Secretary of War buy, commit to and finance projects that expand U.S. oil production, refining, pipelines and storage.

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