Key facts
- Petroleum production, refining, and logistics capacity deemed essential to national defense.
- Defense Production Act allows for financial incentives for these activities.
- Determination made on Thursday, October 22.
US President Donald Trump determined on Thursday, October 22, that petroleum production, refining, and related activities are essential to national defense. He invoked the Cold War-era Defense Production Act, which allows him to provide financial incentives for these oil-related activities, as well as for pipelines and energy storage. The Secretary of War is authorized and directed to implement this determination, including making necessary purchases, commitments, and financial instruments to enable these projects.