“Gasoline prices have surged since conflict broke out in the Middle East between Iran and the U.S., with the former escalating its attacks on oil tankers and infrastructure in the region. President Trump just just waived the 106-yr-old Jones Act to help alleviate the subsequent pain at the pump, a law which really belongs in the scrap bin of history,” notes Real Clear Markets:
Intended to maintain a strong domestic maritime industry, the Jones Act requires goods shipped between American ports to be transported on vessels that are built, owned, flagged, and crewed by the U.S. No other comparably stringent regulations exist for other means of transportation.
Read Full Article: https://libertyunyielding.com/2026/03/27/jones-act-harms-our-economy-drives-up-gas-prices/
