US to announce steps to help refiners produce more fuel, energy chief Wright says
- Posted on August 18, 2026
- By Business News Today
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- 1 min read
The U.S. Energy Department is implementing strategic initiatives to boost domestic refinery capacity and fuel production in response to elevated gasoline prices affecting consumers nationwide. While American refineries operate at peak efficiency levels, international supply constraints—particularly reduced Middle Eastern output and Iran's export restrictions—create opportunities for domestic producers to increase market share. Energy Secretary Wright emphasizes that expanding refinery production represents a critical lever for achieving price stability and energy independence, aligning with the administration's economic priorities.
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