Posted on 07/24/2013 8:43:50 AM PDT by New Jersey Realist
Gasoline costs in the U.S. could fall as much as 30 cents a gallon if lawmakers would repeal a controversial shipping law, industry experts say.
The longstanding Jones Act—a section of The Merchant Marine Act of 1920—which requires any ship that carries goods or commodities in U.S. waters be American made, owned, operated and carry a U.S. flag, is being highlighted by one oil CEO as a reason behind the high price of gasoline in the U.S. and particularly in Florida.
(Excerpt) Read more at cnbc.com ...
You would rather have Saudi and Chinese and Mexican ships plying our waters?
A way to help America’s high gas prices could be:
Allow oil companies to drill on federal land with the sole purpose of using this oil for domestic purposes only.
After all, it is the people’s land.
If they can do it cheaper. It's called free market competition.
Doesn’t this law factor into securing our borders?
Dear Lord, please,guide our course.
Tatt
Sorry. Poorly worded : / I would imagine it was originally enacted to help keep our borders secure,(as in safe). To keep foreign ships from entering our waters at will?
the current regime will do nothing to lower prices at the pump - it is their goal to have $5/gal gas
the obamoids don’t WANT cheap gas-
they want to stew us slowly at $3-$ a gallon and ease us up to European gas prices because for some reason, they think unaffordable gasoline is a moral cause
they want America to be a network of happy peasant urban centers w/communal housing, pedestrian walkways, bicycles and organic gardens in the village center, where mothers will toil as their children are entered into govt run daycare.
Cars and cheap gasoline represent individual mobility and liberty, deeply suspicious behaviors that must be curbed by government
Gee they could knock off a whole 30 cents,
That would bring the price down to $3.39.9 cents a gallon.
When Obama was elected gas was $1.72 cents.
We could get rid of Obama and save a helluva lot more than 30 cents.
Create two blends of gasoline and prices will drop dramatically.
They already do when bringing in goods. Maybe I am missing the point. But ships don't change flags when they enter other sovereign nation waters.
Do away with the alcohol mandate
Do away with boutique blends
Exactly!
Currently, there are some 56 different “blends” of gasoline, refined at different places and trucked to their designated zones per the EPA. Part of the Clean Air Act that speaks vaguely about “smog reduction” that allowed the bureaucrats to mandate all sorts of ridiculous garbage.
Kill the EPA. That will drop prices by about 2/3rds overnight...
Phone companies still have to add 5 cents to every bill to pay for ..... the Spanish-American war of 1898. Then too some Civil War veterans relations still get a pension of sorts.
It was originally enacted to support unions.
While the Jones act has little benefit, the repeal would not cause the claimed price drop.
Thank you, you have inspired me, (as FR is wont to do :) to do a little self educating ; )
May God bless.
Tatt
So this law has been around since 1920 and we are hearing about this now for what reason? And this could profit whom? And this never came up in all of the oil crises in the 70’s and 80’s and recently every time a cockroach stumbles across a gas line in the Middle East.
I know it is not popular to state this on these pages but I trust oilmen less than most politicians or used car salemen.
Building the XL pipeline not only to bring Canadian crude to US refineries but oil from North Dakota at a price far cheaper and far safer than moving crude by rail or truck. Start building the XL and watch global oil prices plummet.
You mean like the same way American truckers complain about Mexican truckers coming into the U.S. and doing the work of Americans. I guess they didn’t teach you anything about the living conditions of the American seaman before unions, If you don;t know, I’ll tell you. They were only slightly above slavery. But I guess they never taught you that at CMA.
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