President Trump has extended the Jones Act waiver for an additional 90 days, allowing foreign vessels to transport goods between U.S. ports. This decision, made to help curb rising fuel prices, follows the original waiver issued in March. Since then, 90 million barrels of products have been transported. While some analysts credit the waiver for stabilizing prices, others in the domestic shipping industry are calling for its termination to protect U.S. maritime interests.
Key facts
- The Jones Act waiver was extended for 90 days on November 13, 2026.
- The waiver allows foreign ships to transport goods between U.S. ports.
- Since the waiver's issuance, 90 million barrels of products have been shipped.
- The national average price of gas is $3.87 per gallon.
- The national average price of diesel is $6.06 per gallon.
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