$BLUAI $VELVET $BTR 🇺🇸 Trump kept foreign ships allowed to haul oil and fuel between U.S. ports for another 90 days.
That’s the Jones Act waiver, the rule that normally forces all domestic cargo onto American built, American owned, American crewed vessels.
Every trip now needs individual approval instead of a blanket pass.
The White House says the Iran conflict is still disrupting crude flows through the Strait of Hormuz and they need to keep gasoline and diesel moving so prices don’t climb.
Shipbuilders and their congressional allies call it a direct hit on the U.S. fleet the 1920 law was designed to protect.
That same law has long made domestic shipping far more expensive, sometimes three to five times the foreign rate, which eventually shows up at the pump.
Short term fuel relief versus long term American maritime strength is the trade off at the center of this extension.
That’s the Jones Act waiver, the rule that normally forces all domestic cargo onto American built, American owned, American crewed vessels.
Every trip now needs individual approval instead of a blanket pass.
The White House says the Iran conflict is still disrupting crude flows through the Strait of Hormuz and they need to keep gasoline and diesel moving so prices don’t climb.
Shipbuilders and their congressional allies call it a direct hit on the U.S. fleet the 1920 law was designed to protect.
That same law has long made domestic shipping far more expensive, sometimes three to five times the foreign rate, which eventually shows up at the pump.
Short term fuel relief versus long term American maritime strength is the trade off at the center of this extension.