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October 22, 2026
Trump Uses Defense Production Act to Boost Diesel Production Amid Rising Prices
- President Trump announced the use of the Defense Production Act to release $150 million for increasing American refining capacity, specifically to produce more diesel and gasoline.
- This action is part of a broader effort to address surging diesel prices, which have significantly impacted farmers in Iowa and beyond.
- The administration also introduced a harvest fuel relief program to provide $8 billion to offset high diesel costs for farmers.
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5 Sources
- Trump invokes Cold War era Defense Production Act for oil production, refiningOct 22, 2026 at 9:37 PM · CNBC
- Trump announces he'll use Defense Production Act to increase domestic gas productionOct 23, 2026 at 2:54 AM · The Hill
- Trump puts focus on farmers in Iowa visit, as Republicans struggle on once-fertile groundOct 23, 2026 at 3:22 AM · CBS News
- Why soaring prices aren't breaking America's diesel habitOct 23, 2026 at 9:15 AM · Axios
- Trump uses DPA to give $150M for gas and dieselOct 23, 2026 at 10:24 PM · The Hill