Independent journal on economy and transport policy
08:40 GMT+2
'America First'? Kill the Jones Act
(The Wall Street Journal)
November 3, 2019
Russian natural gas is again being delivered by ship to an American port, according to news reports. Bloomberg says the tanker Catalunya Spirit, carrying fuel from thousands of miles away, was set to arrive in Puerto Rico last week. Such a transaction makes little sense, as the U.S. is the world's largest gas producer.
What explains the mystery is the Merchant Marine Act of 1920, also known as the Jones Act ...... Read more on The Wall Street Journal
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