The White House extended shipping exemptions until August to alleviate oil shortages.
CoinFeed reported on April 24 that the Trump administration extended the Jones Act-related transportation exemption for 90 days, an exemption designed to facilitate the transportation of oil, fuel, and fertilizer within the United States. This decision extends the existing exemption, originally set to expire on May 17, by approximately three months, allowing foreign-flagged vessels to transport cargo between U.S. ports until mid-August. Normally, under the 1920 Jones Act, cargo transported between U.S. ports by water must be transported using U.S.-flagged vessels built and owned by the United States. Trump's exemption temporarily removes these restrictions on coal, crude oil, refined petroleum products, natural gas, natural gas condensate, fertilizer, and other energy derivatives.