ExecutiveOrdersEO
Det 2027-01DeterminationTrump 47 · R Quiet signal

Presidential Determination 2027-01

Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as Amended, on Domestic Petroleum Production, Refining, and Logistics Capacity

Energy & EnvironmentEnergy & EnvironmentDefense & SecurityDefense & SecurityEconomy & LaborEconomy & Labor

In simple terms

This presidential determination invokes Section 303 of the Defense Production Act to declare that domestic petroleum production, refining, and logistics capacity are essential to national defense. It authorizes federal purchases, purchase commitments, and financial support for petroleum infrastructure projects, while waiving normal DPA procedural requirements to expedite expansion of these capabilities.

Federal Register Open PDF 91 FR 68011

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 91 FR 68011

    Federal Register PDF

  3. Federal Register publication

  4. Implementation of purchases, commitments, and financial instruments

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Oil & gasSteel & aluminumShipping & logistics

Mechanisms

Subsidy / incentiveProcurementLicensing

Role pressure

  • ProtectiveDomestic producer — Federal purchases, commitments, and financial support directly benefit domestic petroleum E&P, refining, and midstream operators by easing financing constraints and backing demand
  • ProtectiveProject developer — Waived DPA requirements and federal financial instruments reduce permitting bottlenecks and long lead times for pipeline, storage, and marine terminal projects
  • MixedEquipment supplier — Increased infrastructure spending benefits suppliers, but 'most cost-effective' language may pressure margins; steel and materials demand likely rises
  • AdverseImporter — Explicit focus on domestic capacity expansion with federal backing reduces relative competitiveness of imported petroleum and refined products

Geographies

US

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAAlcoaCENXCentury AluminumLNGCheniere EnergyCVXChevronCLFCleveland-CliffsCOPConocoPhillipsXOMExxon MobilGEVGE VernovaMATXMatsonNUENucorSHELShellSLBSLBTSLATeslaXUnited States Steel

Confidence: high · Policy alerts

Key directives

  • Determine domestic petroleum production, refining, and logistics capacity as industrial resources essential to national defense under DPA Section 303(a)(5)
  • Waive requirements of DPA sections 303(a)(1)-(a)(6) under Section 303(a)(7)
  • Authorize and direct Secretary of War to implement determination including purchases, commitments, and financial instruments
  • Publish determination in Federal Register
  • Supersede inconsistent prior memoranda, proclamations, and Executive Orders

Who is ordered

Prior policy

  • supersedeany inconsistent provision of previous memoranda, proclamations, and Executive Orders

Related orders

What to expect

Immediate

  • DPA Section 303 invoked for petroleum sector
  • Waiver of sections 303(a)(1)-(a)(6) takes effect
  • Secretary of War authorized to make purchases and commitments

Near term (90d)

  • Federal Register publication required
  • Implementation of purchase commitments and financial instruments for petroleum projects

Long term

  • Potential expansion of domestic petroleum production, refining, and logistics infrastructure
  • Reduced permitting and financing bottlenecks for petroleum projects

Risks & tensions

  • Waiver of DPA procedural requirements (303(a)(1)-(a)(6)) removes normal congressional notification, size limits, and other oversight safeguards—scope of waiver is broad but text specifies purpose is limited to 'expanding such capacity'
  • Potential tension with climate/energy transition goals; document frames petroleum as essential to defense with no counterbalancing considerations
  • 'Secretary of War' recipient is anachronistic title—actual implementing entity unclear (likely Defense Secretary or Energy Secretary, but text says 'Secretary of War')
  • Supersession clause is broad ('any provision...that is inconsistent') but vague on which specific prior policies are affected
Presidential Determination 2027-01: Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as Amended, on Domestic Petroleum Production, Refining, and Logistics Capacity · Executive Orders