Affected by the increase in gasoline prices due to the war in Iran, the Trump administration plans to restart a number of refineries that have already been shut down, including a refinery facility in the Virgin Islands that is in trouble. A White House official confirmed via email on Thursday that the Trump administration “wants refineries across the US to resume production, especially the St. Croix refinery.” The official said that the refinery has attracted much attention because it was initially designed to process Venezuelan crude oil, and the other is that its geographical location has “strategic value.” The main reason behind the promotion of this policy is that gasoline prices in the US remain high due to the Iran conflict. According to data from the American Automobile Association, as of Thursday, the average price of gasoline in the US was about 4.10 US dollars per gallon, up more than 1 dollar from the beginning of the war this year.

Affected by the increase in gasoline prices due to the war in Iran, the Trump administration plans to restart a number of refineries that have already been shut down, including a refinery facility in the Virgin Islands that is in trouble. A White House official confirmed via email on Thursday that the Trump administration “wants refineries across the US to resume production, especially the St. Croix refinery.” The official said that the refinery has attracted much attention because it was initially designed to process Venezuelan crude oil, and the other is that its geographical location has “strategic value.” The main reason behind the promotion of this policy is that gasoline prices in the US remain high due to the Iran conflict. According to data from the American Automobile Association, as of Thursday, the average price of gasoline in the US was about 4.10 US dollars per gallon, up more than 1 dollar from the beginning of the war this year.