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Why Trump’s effort to build more refineries won’t lower gas prices

todaySeptember 13, 2026

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President Donald Trump wants to reverse the decades-long decline in the number of US refineries in operation, which he believes is key to lowering gas prices, and he recently called oil executives to the White House to make that push.

President Donald Trump wants to reverse the decades-long decline in the number of US refineries in operation, which he believes is key to lowering gas prices, and he recently called oil executives to the White House to make that push.

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