Trump’s New Move To Lower Fuel Prices

The Trump administration announced Friday that it is extending the Jones Act waiver for another 90 days, a major move aimed at lowering gas prices, boosting fuel deliveries, and protecting American families from another energy price surge.

The emergency extension comes as global oil markets react to the Iran conflict and the closure of the Strait of Hormuz, one of the world’s most important shipping routes for crude oil.

What the Jones Act Waiver Means for Drivers

The Jones Act normally requires cargo moved between U.S. ports to be carried on American-built and American-crewed ships. By temporarily suspending those rules, the Trump administration is allowing fuel and key supplies to move faster and more affordably.

That could translate into lower transportation costs and potential relief at the gas pump for millions of drivers.

White House Assistant Press Secretary Taylor Rogers said updated data showed the original waiver helped move more supply into U.S. ports at a faster pace than expected.

She added that extending the waiver provides certainty and stability during a time of growing global economic stress.

Gas Prices Surge as Iran Conflict Hits Energy Markets

Fuel prices have climbed sharply as tensions in the Middle East disrupt oil flows.

The Strait of Hormuz typically handles nearly 20 percent of the world’s oil supply, making any shutdown a direct threat to gasoline prices worldwide.

Latest market numbers on Friday:

• Brent crude oil climbed to $105 per barrel
• West Texas Intermediate reached $95 per barrel
• National average gas prices hit $4 per gallon, according to AAA

Trump Administration Says Action Protects U.S. Economy

The White House said the extension is part of a broader strategy to reduce short-term energy disruptions and keep vital products moving across the country.

Officials say the policy will help secure access to:

• Gasoline and diesel fuel
• Industrial materials
• Farm supplies
• Consumer goods
• Essential transportation resources

Supporters say the move reflects President Donald Trump using executive authority to respond quickly during a global emergency.

How Much Could Drivers Save?

Past estimates suggest Jones Act relief can make a real difference.

In 2022, JPMorgan Chase estimated that a comparable waiver might reduce fuel costs for East Coast drivers by roughly 10 cents per gallon.

If fuel markets remain volatile, continuing the waiver may help prevent even larger spikes in gas prices this summer.

Poll Shows Voter Concern Over Rising Prices

Even with the new action, frustration over energy costs remains high.

A new Reuters/Ipsos poll found that 77 percent of voters believe President Trump bears at least some responsibility for higher gas prices.

Still, many conservatives argue the true cause is foreign conflict and global supply disruption—not White House policy.

Bottom Line

The Trump administration’s 90-day Jones Act waiver extension is a direct attempt to lower gas prices, strengthen supply chains, and shield American households from another inflation hit. With oil markets under pressure, the success of this move could be felt every time drivers fill up at the pump.