Independent journal on economy and transport policy
14:37 GMT+1
Antiquated law adds billions to fuel costs
(New York Post)
April 14, 2014
By William F. Shughart II
New York Post
An obscure 1920 law is costing Americans billions of dollars a year in higher fuel costs.
The Jones Act requires that cargo shipped from one US port to another be carried on a US-registered vessel, built, owned and crewed by Americans. This protectionist law was designed to support a shipbuilding industry that no longer exists - but inertia and labor-union muscle keep it on the books ...... Read more on New York Post
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