Trump Reportedly Invokes Emergency Powers to Expand US Oil Infrastructure as Brent Reaches $113
President Donald Trump has reportedly issued a national defense memorandum aimed at expanding US oil production and infrastructure as Brent crude approaches $113 per barrel.
The reported directive covers drilling, refining, pipelines, storage facilities and marine terminals. It also directs the Pentagon to support additional capacity through purchases, financial commitments and other arrangements under the Defense Production Act.
The administration reportedly cited financing constraints, permitting delays and supply chain bottlenecks as barriers to faster expansion.
However, the memorandum's exact legal provisions and any exemptions from standard requirements need confirmation against the official text. Additional production capacity would also take time to develop, limiting its immediate effect on global oil supply.