Diesel tops $5 a gallon in worrying sign for shipping, food costs
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Wednesday, March 18, 2026 |
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The Trump administration is temporarily waiving maritime shipping requirements under a more than century-old law known as the Jones Act.
The Jones Act requires that goods hauled between U.S. ports be moved on U.S.-flagged vessels. Passed in 1920, this law aims to protect the American shipping sector — but it's also faced criticism over the years for slowing the delivery of goods, including critical aid during time of crisis. And it's often blamed for making gas, in particular, more expensive.
On Wednesday, the White House said that it would suspend Jones Act requirements for 60 days, in a measure that arrives amid wider efforts to counter steep oil prices and cargo disruptions due to the war. |
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