Joe Biden willing to increase its oil-refining capacity by using Defense Production Act
- Economy
- Reuters
- Published Date: 02:00 | 17 June 2022
- Modified Date: 02:00 | 17 June 2022
President Joe Biden is willing to use the Defense Production Act if it would help the United States increase its oil-refining capacity, White House press secretary Karine Jean-Pierre told reporters on Wednesday.
Biden is open to "all reasonable uses" of the federal goverment's tools to increase output and lower costs at the gas pump, including emergency actions like invoking the Defense Production Act, she said.
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