- Waiver could expire on August 16 after nearly 200 uses through end-July, US government data shows
- Officials discuss narrowing waiver's scope while preserving flexibility for critical fuel supplies, sources say
- No final decision has been made and details remain subject to change, sources say
WASHINGTON/HOUSTON, Aug 4 (Reuters) - The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices as President Donald Trump escalates his attacks on Exxon Mobil XOM.N and Chevron CVX.N for making "too much money."
The Jones Act requires cargo moving between U.S. ports to be carried on ships built in the U.S., owned by U.S. companies and crewed by American workers, and the waiver aims to lower gas prices by increasing shipping flexibility and reducing transport bottlenecks.
