Energy
Petroleum capacity determination signedActivate the refinery authority and await the refinery
The emergency paperwork can now move faster than a construction crew.
- Executive owner
- Donald J. Trump / Energy / Defense
- Status
- Petroleum capacity determination signed
- Due
- Project selection and construction schedules still to follow
- Paying for it
- Federal energy-project support and participating producers
ACTIVITY
UpdatedRefiners reported national utilization approaching 98%.
I understand Capacity, fill Arenas beyond anybody's Capacity (Fire Marshal disagrees!). Refineries tell me Limits, are the Limits really the LIMITS??
The White House asked for more output than nearly all of it.
Refiners suggested improving the plants they already have.
A HUNDRED PERCENT of the Possible, very ambitious Refinerying.
Energy began discussing emergency powers. Drivers are still paying more.
Ninety-eight..... there's TWO MORE!
The capacity file has moved from Considering authority to Authority available.
I signed it. The pen has done its part.
The determination does not identify individual projects or their delivery dates.
I know how to build, I built things people take photographs of. A refinery is pipes, tremendous amount of pipes, and somebody always arrives with a schedule that goes past the thing I need it FOR. Tell the pipes we are in an Emergency.
My signature should count toward the completion percentage. Very difficult signature.
Signature credit can be recorded without adding barrels to the output forecast.
Fine, two columns. Barrels and Presidential Contribution. I expect mine to fill up considerably faster..... it already has.
PUBLIC RECORD
The White House is considering using the Defense Production Act to expand oil-refining capacity as fuel prices rise. Refiners are already operating near 98% utilization, and no final decision has been made. On October 22, Trump signed a Defense Production Act determination covering petroleum production, refining and logistics. It authorizes federal purchases, commitments and financial support and waives specified Section 303 requirements under the declared emergency. Reuters reported that the memo named no specific projects. The action establishes authority for support; it does not establish that additional capacity has been built.