Trump government extends Jones Act waiver by 90 days to dampen oil prices
Published on April 24, 2026.
The US President has extended a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertiliser around the US. This move is part of a broader effort by the White House to reduce politically sensitive fuel price spikes before November's midterm elections. The Jones Act, which requires goods hauled between US ports to be moved on US-flagged vessels, has been criticized for slowing the delivery of goods during times of crisis. However, critics argue that this waiver will do little to ease consumers' fuel bills. The Center for American Progress estimated that waiving the Jones Act would decrease East Coast gas prices by a modest 3 cents, but potentially raise costs on the Gulf Coast. Recent polling suggests that President Donald Trump and Republicans are losing ground on the economy, with public approval of his economic handling falling sharply and rising gasoline prices impacting public sentiment.
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