Soaring gas prices prompt Trump to ease oil tanker rules – how waiving the Jones Act affects what you pay at the pump

Soaring gas prices prompt Trump to ease oil tanker rules – how waiving the Jones Act affects what you pay at the pump

Suspending the Jones Act will increase the supply of fuel by allowing foreign-flagged ships to transport oil between US ports, which should eventually educe gas prices.

Suspending the Jones Act allows foreign-based oil tankers to sail between U.S. ports. AP Photo/Eric Gay The Trump administration temporarily suspended the Jones Act on March 18, 2026, as part of its… [+5303 chars]