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Soaring gas prices prompt Trump to ease oil tanker rules – how waiving the Jones Act affects what you pay at the pump

  • Written by: Christopher Niezrecki, Director of the Center for Energy Innovation, UMass Lowell
Soaring gas prices prompt Trump to ease oil tanker rules – how waiving the Jones Act affects what you pay at the pumpSuspending the Jones Act allows foreign-based oil tankers to sail between U.S. ports. AP Photo/Eric Gay

The Trump administration temporarily suspended the Jones Act on March 18, 2026, as part of its efforts to bring down soaring U.S. gasoline prices.

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In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

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