Trump’s pro-drilling policy hits market realities and self-inflicted snags
President Donald Trump‘s campaign promise to boost domestic oil and gas production and “drill, baby, drill” has run into significant obstacles in the form of higher supply chain costs and volatile oil markets, seeding doubt that the industry could meet that call.
True, crude oil production hit records in 2025, and it is agreed that […]
Trump invokes Defense Production Act
- Trump signs memos to boost US fossil-fuel production for ‘defense readiness’ The Guardian —
- Trump signs orders to boost domestic energy production via Defense Production Act Washington Examiner —
- Trump invokes Cold War law in move to boost energy supply Axios —
- Trump invokes Cold War-era Defense Production Act to fund new energy projects Seeking Alpha —
- Trump invokes wartime powers to fund new energy projects The Straits Times —