The Trump administration is reportedly exploring the use of the Defense Production Act to expand domestic refining capacity, Reuters reported, citing sources familiar with the matter. This option was discussed during Donald Trump's recent meetings with refiners, where White House officials inquired about the most effective ways federal funds could boost refining capabilities. No final decision has been made yet. The move aims to alleviate policy pressure stemming from surging refined product prices, including oil prices re-crossing $100 per barrel and the national average diesel price in the U.S. surpassing $6 per gallon for the first time. Currently, U.S. refinery utilization is around 98%, near full capacity.