Source: Independent Institute
by Caleb Petitt
“The Trump administration’s suspension of the Jones Act is well-reasoned; the Jones Act has kept oil prices in America higher than they would otherwise have been by increasing the cost of transporting oil. The Jones Act forces domestic shippers to use expensive ships with expensive crews, which drives up shipping costs beyond what a free market would bear. However, paying more for domestic shipping could easily be worth the cost if it made America more secure. Unfortunately, the Jones Act is a hindrance to American security.” (03/27/26)
https://www.independent.org/article/2026/03/27/suspending-jones-act-iran/