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Trump prepares fresh bid to bring down gas prices as pump pain continues
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◀ Left 100%Centre 0%Right 0% ▶
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NEWSDECK ANALYSIS
The Jones Act, a longstanding US maritime law, has been a topic of debate in recent years due to its potential impact on domestic fuel prices. The law requires that cargo, including oil and gas, moving between US ports be transported on ships that are built, owned, and crewed by Americans, which can limit the availability of foreign vessels to help meet demand. This restriction has led some to argue that it contributes to higher gas prices, particularly in times of shortage or increased demand.
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Trump prepares fresh bid to bring down gas prices as pump pain continues
The Jones Act requires cargo moving between US ports to be carried on ships built in the US, owned by US companies and crewed by American workers
5 Aug, 08:29
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