White House Announces It May Grant 30-Day Jones Act Waivers for O&G

Finally! The White House is seriously considering (and will likely sign) a temporary waiver suspending the Jones Act for 30 days. The Trump administration is considering a temporary suspension of the Jones Act to help lower gasoline prices, with Press Secretary Karoline Leavitt confirming a formal review of the policy. According to reports from Bloomberg and Reuters, the plan involves issuing 30-day waivers that would allow foreign-flagged tankers to transport fuel from the Gulf Coast and other U.S. hubs to East Coast refiners, a move that shipping and oil companies have already been advised to prepare for.

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