{"id":121804,"date":"2026-03-13T12:39:03","date_gmt":"2026-03-13T15:39:03","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/899190997"},"modified":"2026-03-13T12:39:03","modified_gmt":"2026-03-13T15:39:03","slug":"u-s-to-ease-shipping-rule-to-try-to-tame-fuel-prices","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/13\/u-s-to-ease-shipping-rule-to-try-to-tame-fuel-prices\/","title":{"rendered":"U.S. to ease shipping rule to try to tame fuel prices"},"content":{"rendered":"
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The Trump administration plans to waive a century-old maritime law that requires American ships be used to transport goods between U.S. ports as it seeks to blunt surging oil and gasoline prices, according to people familiar with the matter. <\/p>\n

The 30-day exemption, which is still being developed, is set to apply broadly to vessels moving oil, gasoline, diesel, liquefied natural gas and fertilizer among U.S. ports, the people said. That would enable generally cheaper foreign tankers to move those goods \u2014 including Gulf Coast oil to refineries on the U.S. East Coast and fuel from the region to more populous areas.<\/p>\n

\u201cIn the interest of national defense, the White House is considering waiving the Jones Act for a limited period of time to ensure vital energy products and agricultural necessities are flowing freely to U.S. ports,\u201d White House Press Secretary Karoline Leavitt said in a statement. \u201cThis action has not been finalized.\u201d<\/p>\n

The plan comes as President Trump considers multiple options to stem the dramatic rise in crude and gasoline amid the war in Iran. On Wednesday, the administration announced it would release 172 million barrels of crude from the Strategic Petroleum Reserve. Overall, countries are coordinating to release 400 million barrels from their stockpiles. <\/p>\n

U.S. gasoline futures pared gains after the news. Waiving the Jones Act could save East Coast motorists roughly 10 cents a gallon, according to a 2022 JP Morgan Chase & Co. estimate.<\/p>\n

\u201cIt absolutely facilitates the free flow of gasoline, which otherwise would have to come from Europe or other destinations to reach the Northeast,\u201d said David Goldwyn, an energy envoy under former President Obama and president of consulting firm Goldwyn Global Strategies. \u201cThere are very few U.S. tankers that are available so the Northeast continues to import whatever gasoline they can\u2019t get from pipeline.\u201d<\/p>\n

The vast majority of U.S. refineries are on the Gulf Coast, and there\u2019s only one major pipeline connecting them to the Northeast, the most densely populated region.<\/p>\n

While waiving the Jones Act could help lower prices somewhat, the impacts are apt to be limited, said Colin Grabow, associate director at the Cato Institute\u2019s Herbert A. Stiefel Center for Trade Policy Studies, which advocates for repealing the law. <\/p>\n

\u201cThe Jones Act is probably responsible for a few cents per gallon \u2014 pennies per gallon, not dimes per gallon,\u201d Grabow said in an interview. \u201cIt could be helpful, but the effects could get swamped by broader movements in the market.\u201d<\/p>\n

A shipping exemption would do little to address the real source of high prices right now \u2014 the backlog of shipping through the Strait of Hormuz, said Josh Linville, vice president for fertilizers at brokerage StoneX Group. And the move would come too late to make a meaningful dent in fertilizer pricing for U.S. farmers ahead of the spring planting season, he added.<\/p>\n

While the government has temporarily lifted U.S. shipping requirements to combat fuel shortages after major storms, doing it can be politically fraught. The Jones Act is championed by some of the nation\u2019s biggest shipbuilders and vessel operators, as well as their allies on Capitol Hill.<\/p>\n

On Thursday, a White House official said the Trump administration can assure that the move will not impact American shipbuilding.<\/p>\n

The U.S. last waived the Jones Act in October 2022 for a tanker heading to Puerto Rico to deliver supplies after Hurricane Fiona.<\/p>\n

The Biden administration also temporarily issued an exemption for refiner Valero Energy Corp. following a cyberattack on a major East Coast fuel pipeline in 2021. <\/p>\n

Dlouhy and Natter write for Bloomberg.<\/i><\/p>\n

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More to Read <\/h3>\n<\/p><\/div>\n<\/p><\/div>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… broader movements in the market.\u00e2\u0080\u009d A shipping<\/span> exemption would do little … right now \u00e2\u0080\u0094 the backlog of shipping<\/span> through the Strait of Hormuz … temporarily lifted U.S. shipping<\/span> requirements to combat … will not impact American shipbuilding<\/span>. The U.S. last waived …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-121804","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/121804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=121804"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/121804\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=121804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=121804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=121804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}