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UPDATE: The Biden administration has issued a second waiver of U.S. shipping requirements as it seeks to get more fuel to the East Coast in the wake of the Colonial Pipeline shutdown that caused tanks and filling stations to run dry. The waiver, announced late Thursday night, gives an unnamed company a limited exemption. Homeland Security did not provide any details about the recipient of the new waiver or how long it would be valid.
By Jennifer A. Dlouhy (Bloomberg) –The Biden administration temporarily eased century-old U.S. shipping requirements so a foreign tanker could transport gasoline and jet fuel to the East Coast for Valero Energy to the East Coast, according to two people familiar with the matter.
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