CommoditiesMediumUpdated•Originally published 31 August 2026•Updated 31 August 2026•
1 min read
Trump to Meet US Refiners to Boost Capacity and Lower Gas Prices
Key Facts
1President Donald Trump will meet Tuesday with U.S. refiners and fuel distributors to discuss boosting refining capacity.
2The White House seeks near-term steps to lower gas prices as more Venezuelan crude reaches U.S. refineries.
In a move reflecting the administration's focus on energy security and easing inflationary pressures on consumers, President Donald Trump is scheduled to meet Tuesday with major U.S. refiners and fuel distributors. The meeting aims to discuss expanding domestic refining capacity to ensure stable supply chains. These discussions follow the White House's push for immediate steps to lower retail gasoline prices across the country.
Latest Updates · 1
- Notable·
Update: Reports indicate the meeting's scope has widened to include major oil executives alongside refining firms. Discussions are also expected to cover a specific plan regarding Venezuela's oil sector, a move currently facing skepticism from industry experts.