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The Jones Act limits intra-state transit of goods. Trade efficiencies create new economically viable business opportunities, which in this context are definitio
by julienb_sea 4y ago
The Jones Act limits intra-state transit of goods. Trade efficiencies create new economically viable business opportunities, which in this context are definitionally domestic. Outsourcing the ships used for intra-state transit would unlock new domestic opportunities which ultimately grow the domestic economy.
There are also acute more significant benefits. Transportation of natural gas by sea would allow better utilization of domestic gas production, as opposed to what currently happens, where states not connected by pipeline have to import gas internationally.