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  • Desperate California importing oil from Bahamas using century-old loophole as state faces highest US gas prices

    02/17/2026 12:01:27 PM PST · by Twotone · 30 replies
    NY Post ^ | February 16, 2026 | Ariel Zilber
    California is increasingly importing gasoline through the Bahamas — a workaround to a 106-year-old US shipping law that forces domestic fuel shipments onto costly American vessels. More than 40% of the gasoline California imported in November was routed through the Caribbean hub, a record high which comes as drivers in the state are paying an average of $4.58 per gallon, the most in the country, according to Bloomberg News. Gasoline refined along the US Gulf Coast — primarily in Texas and Louisiana — is first shipped roughly 1,100 to 1,300 nautical miles to Freeport in the Bahamas, where it is...