Jeff Luse, in National Review, wrote on how repealing the Jones Act could provide energy relief this winter.
“In a rare moment of energy clarity, the Biden administration ruled out a ban on natural-gas exports this winter, which would have resulted in less supply in global energy markets to meet growing demand, subsequently inflating prices back home. This is welcome news, but more can and should be done to reduce prices for consumers. Repealing the Jones Act would be a great place to start.
The Merchant Marine Act of 1920, also known as the Jones Act, requires any goods being shipped between two U.S. ports to be carried on an American vessel manned by a majority-American crew. For over a century now, this law has hurt U.S. competitiveness in the modern global economy while making domestic goods and energy more expensive for Americans.”
Read the full article on National Review.