{"id":197188,"date":"2026-03-18T21:16:00","date_gmt":"2026-03-19T01:16:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/18\/soaring-gas-prices-prompt-trump-to-ease-oil-tanker-rules-how-waiving-the-jones-act-affects-what-you-pay-at-the-pump\/"},"modified":"2026-03-18T21:25:25","modified_gmt":"2026-03-19T01:25:25","slug":"soaring-gas-prices-prompt-trump-to-ease-oil-tanker-rules-how-waiving-the-jones-act-affects-what-you-pay-at-the-pump","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/18\/soaring-gas-prices-prompt-trump-to-ease-oil-tanker-rules-how-waiving-the-jones-act-affects-what-you-pay-at-the-pump\/","title":{"rendered":"Soaring gas prices prompt Trump to ease oil tanker rules \u2013\u00a0how waiving the Jones Act affects what you pay at the pump"},"content":{"rendered":"<p><a href=\"https:\/\/theconversation.com\/soaring-gas-prices-prompt-trump-to-ease-oil-tanker-rules-how-waiving-the-jones-act-affects-what-you-pay-at-the-pump-278387\">Soaring gas prices prompt Trump to ease oil tanker rules \u2013\u00a0how waiving the Jones Act affects what you pay at the pump<\/a><\/p>\n<p><a href=\"https:\/\/theconversation.com\/soaring-gas-prices-prompt-trump-to-ease-oil-tanker-rules-how-waiving-the-jones-act-affects-what-you-pay-at-the-pump-278387\">https:\/\/theconversation.com\/soaring-gas-prices-prompt-trump-to-ease-oil-tanker-rules-how-waiving-the-jones-act-affects-what-you-pay-at-the-pump-278387<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-03-18 21:16:00<\/a><\/p>\n<p>Source Domain: <a href=\"theconversation.com\">theconversation.com<\/a><\/p>\n<ul>\n<li>\n<p><strong>Jones Act Overview<\/strong>: The Jones Act, formally known as Section 27 of the Merchant Marine Act of 1920, limits domestic maritime shipping and coastal trade, requiring goods to be transported by U.S.-flagged vessels primarily staffed by U.S. sailors.<\/p>\n<\/li>\n<li>\n<p><strong>Purpose and Impact<\/strong>: Originally intended to support the American maritime industry and ensure national security, the act helps protect the U.S. shipbuilding industry and American jobs. However, critics argue it increases costs for goods transported between U.S. ports.<\/p>\n<\/li>\n<li>\n<p><strong>Gas Prices and Jones Act Suspension<\/strong>: The temporary suspension of the Jones Act allows foreign ships to transport oil and gas within the U.S., potentially lowering transportation costs and easing gas prices. However, the 60-day waiver is expected to have a minimal impact due to industry response time and the secondary role of shipping costs in fuel price inflation.<\/p>\n<\/li>\n<li>\n<p><strong>Long-term Fuel Price Impacts<\/strong>: A permanent repeal of the Jones Act could lead to more substantial reductions in fuel prices due to greater competition and lower shipping costs, though this is not the current intent of the temporary suspension.<\/p>\n<\/li>\n<li>\n<p><strong>Other Energy Sector Impacts<\/strong>: The Jones Act also affects offshore wind energy projects by limiting the availability of U.S.-flagged ships for installation and servicing, increasing costs and delaying projects. However, short-term suspension of the act will have little impact on these energy industries.<\/p>\n<\/li>\n<li>\n<p><strong>Historical Suspensions<\/strong>: The Jones Act has been temporarily suspended in the past for urgent reasons, such as aiding Puerto Rico after hurricanes or addressing supply chain disruptions due to cyberattacks.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Soaring gas prices prompt Trump to ease oil tanker rules \u2013\u00a0how waiving the Jones Act&#8230;<\/p>\n","protected":false},"author":1,"featured_media":197189,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.theconversation.com\/files\/724805\/original\/file-20260318-71-tw0cca.jpg?ixlib=rb-4.1.0&rect=0%2C275%2C5760%2C2880&q=45&auto=format&w=1356&h=668&fit=crop","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-197188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/197188"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=197188"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/197188\/revisions"}],"predecessor-version":[{"id":197190,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/197188\/revisions\/197190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/197189"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=197188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=197188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=197188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}