Trump plans up to $150 million in Defense Production Act refinery funding

WASHINGTON, Oct 22 — President Donald Trump on Oct 22 announced plans to provide up to $150 million in Defense Production Act (DPA) Title III funding to expand domestic petroleum production, storage and logistics at refineries across the United States, the Energy Department said.

The Energy Department (DOE) said the funding is expected to increase U.S. refining output by millions of gallons per day and will help increase domestic production of gasoline, diesel, jet fuel and other petroleum products. According to DOE, $1 billion in federal funding has been appropriated for energy-related projects deemed critical to national security. Presidential Determination No. 2026-11 identifies domestic petroleum production, refining and logistics capacity as essential to national defense, the department said.

"These Defense Production Act funds will be used strategically and in partnership with private industry to rapidly bolster America’s existing energy infrastructure," U.S. Secretary of Energy Chris Wright said. DOE said the selection process is ongoing and will be announced in the near future.