Energy Push: Trump Invokes Defense Production Act to Secure Supply
New Delhi: President Donald Trump on Monday invoked the Defense Production Act to sign a series of energy-related presidential memorandums, the White House announced, as his administration moves to address rising fuel prices linked to the ongoing conflict involving the U.S., Israel and Iran.
The memorandums focus on strengthening coal supply chains, boosting domestic petroleum production, expanding natural gas transmission, and increasing liquefied natural gas (LNG) capacity.
Additional directives target improvements in grid infrastructure and other critical energy systems, aimed at ensuring stability and reliability in energy supply.
White House spokesperson Taylor Rogers said the measures would enable the Department of Energy to utilise funding secured under the “One Big Beautiful Bill.”
“Today’s determinations allow the Department of Energy to use funding secured in the One Big Beautiful Bill to strengthen our grid infrastructure and unleash reliable, affordable, secure energy,” Taylor Rogers said on X.
The Defense Production Act, originally enacted during the Cold War, allows the US government to prioritise and accelerate the production of essential goods in the interest of national security.
The move comes amid rising fuel prices, which have triggered higher prices across the U.S. economy, impacting sectors like transportation, housing, agriculture, and food.
(DD News)
