Trump extends Jones Act waiver to August to lower fuel prices 85%
By OAN Staff Jenna Lee0%
4/24/2026, 8:57:23 PM
BS Summary: This article contains 18 faulty reasoning types, including Framing Effect, Confirmation Bias, and Appeal to Authority, with Post Hoc (False Cause) as the most egregious example at 30.4% saturation with 167 hits. Analysis detected 881 faulty-reasoning hits from 550 analyzed words, generating a BS Score of 76.2% and a BS Rank of 85% (3,454 of 21,887 articles). This article is worse (more manipulative) than 84.20% of the article peer group.
This photograph shows the Bunkering Tanker GAS VITALITY (L) and the Oil and Chemical Tanker HAFNIA MAGELLAN waiting in the Grand Port Maritime de Marseille-Fos with the DPF "Depot Petrolier de France" in the background in Fos-sur-Mer, off the Mediterranean coast of southern France on March 11, 2026.
The 32 member countries of the International Energy Agency (IEA) decided on March 11, 2026 to unlock 400 million barrels of oil from their reserves -- the biggest such release ever -- to ease the impact of the Middle East war.
(Photo by Thibaud MORITZ / AFP via Getty Images)
OAN Staff Jenna Lee
6:32 PM – Friday, April 24, 2026
The Trump administration announced that a waiver of the Jones Act will be extended for another 90 days to lower fuel prices and to make it easier to ship oil, fuel, and fertilizer around the nation amid the conflict in Iran, which is in its second month.
The waiver, initially set to expire on May 17th, will allow foreign vessels to move goods through U.S. ports until mid-August.
“This waiver extension provides both certainty and stability for the US and global economies,” stated Taylor Rogers, a White House spokeswoman.
“The Trump administration has taken several actions to mitigate short-term disruptions to the energy markets, and this extension will help ensure vital energy products, industrial materials and agricultural necessities are maintained.”
Rogers shared how the waiver, since it took effect on March 18th, has enabled more supply to be received through U.S. ports on X.
President Trump issued a 90-day extension to the Jones Act waiver.
New data compiled since the initial waiver was issued revealed that significantly more supply was able to reach U.S. ports faster.
This waiver extension provides both certainty and stability for the U.S. and…
— Taylor Rogers (@TaylorRogers47) April 24, 2026
Driven by fuel costs and the strategic closure of the Strait of Hormuz, the administration took action to stabilize the energy market.
At the time of this decision, the global energy landscape was under significant strain, with Brent crude trading at $105 per barrel and West Texas Intermediate (WTI) reaching $95, while the national average for gasoline hit the $4 per gallon mark.
To alleviate these pressures, the president issued a temporary waiver of the 1920 Jones Act, a federal statute that normally mandates all goods transported between domestic ports be carried on vessels that are U.S.-built, U.S.-owned, and U.S.-flagged.
This targeted exemption applies to a broad range of energy-related commodities, including crude oil, coal, natural gas, refined petroleum products, and fertilizers.
Government records indicate that the waiver, originally enacted in March, has already facilitated the domestic transport of diverse cargoes such as renewable diesel, ammonia, ethanol, and gasoline to key states including California, Florida, Pennsylvania, and South Carolina.
Recognizing the continued volatility of the market, a White House official confirmed that the Trump administration is extending this waiver three weeks ahead of its scheduled expiration.
This proactive extension is designed to provide the maritime industry with the necessary lead time to secure sufficient vessel capacity, ensuring that critical energy derivatives continue to reach their destinations without further logistical bottlenecks.
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