https://www.live-feeds.com/feed/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-pricesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-priceshttps://www.live-feeds.com/feed/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-prices#u70023Wed, 16 Sep 2026 08:20:07 +0000The Trump administration is exploring the use of the Defense Production Act to expand United States oil refining capacity and lower consumer fuel costs. President Donald Trump summoned oil executives to the White House to reverse a decades-long decline in operating facilities. However, analysts and critics question whether building additional refineries will actually reduce prices at the pump, noting that current domestic facilities already operate near maximum capacity.Why it mattersPast administrations have faced similar challenges when attempting to influence retail fuel prices through dome https://www.live-feeds.com/feed/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-priceshttps://www.live-feeds.com/feed/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-prices#u67836Mon, 14 Sep 2026 13:10:50 +0000The Trump administration is weighing how to use the Defense Production Act to expand United States oil refining capacity and boost fuel supply. President Donald Trump aims to reverse the decades-long decline in operating refineries to lower gas prices, recently summoning oil executives to the White House for this push. However, critics and analysts question whether building more refineries will actually reduce consumer costs at the pump, as current domestic facilities operate near maximum capacity.Why it mattersThis policy push arrives as net long positions in West Texas Intermediate crude oil