Trump Invokes Defense Production Act for Up to $150 Million in Refinery Aid

Riza Dagoc

1 min read

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Trump Invokes Defense Production Act for Up to $150 Million in Refinery Aid

The support targets petroleum production, storage and logistics at refineries across the United States.

By Riza Dagoc

Published Oct 23, 2026, 5:41 PM EDT

Refinery storage tanks and pipework glow under early morning work lights / TokenPost.ai

President Donald Trump invoked the Defense Production Act to make up to $150 million available for U.S. refinery operations, in a move intended to boost domestic output.

The support targets petroleum production, storage and logistics at refineries nationwide.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.