Trump invokes Cold War-era Defence Production Act to boost oil production and refining
US President Donald Trump determined on Thursday that petroleum production, refining and related activities are essential to national defence, a move that could open up US funding for fossil fuel projects. In a presidential memo, Trump also invoked part of the Cold War-era Defence Production Act, allowing him to provide financial incentives for oil-related activities, pipelines and storage of…
We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.
