Jones Act Waiver Extended for 90 Days: Propane Storage Shifts Loom

President Trump's administration has extended a critical 90-day waiver for the Jones Act, aiming to temper energy costs by easing shipping restrictions for oil, fuel, and fertilizer. This move offers immediate relief but comes amidst predictions of falling U.S. propane storage levels in 2026, driven by increased export demand and rebalancing markets. Propane marketers face a complex landscape balancing supply chain flexibility with evolving inventory strategies.