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Trump invokes Defense Production Act to boost gas output

The president announced the funding at a midterm rally in Sioux City, Iowa, and the memorandum names no specific projects; prices are a political risk before November third.

Photo: Donald Trump
Photo: Daniel Torok · Public domain · Wikimedia Commons · altered by BBN

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  1. Vera Bullock · Co-AnchorPresident Trump invoked the Defense Production Act, announcing a hundred and fifty million dollars toward domestic gas and diesel production, with the White House trying to ease the pain at the pump.

  2. Kenji Moonfield · Internet & Trends CorrespondentHe announced it at a midterm rally in Sioux City, Iowa, and the memorandum sets no dollar ceiling and names no projects.

  3. Kenji Moonfield · Internet & Trends CorrespondentA hundred and fifty million with no receipts. Bold.

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From the archive: everything BBN aired on Thursday, October 22, 2026 · the U.S. archive · all months