The Jones Act fleet moved less gasoline blendstock to PADD 5 (West Coast/AK/HI) over the last 18 years than foreign vessels using the JA waiver have moved in 7 months (10 million barrels vs 9.1 million).
Colin Grabow
@cpgrabow
Associate Director, @CatoInstitute’s Herbert A. Stiefel Center for Trade Policy Studies
#EndTheJonesAct
cato.org/jonesact
#EndTheJonesAct
cato.org/jonesact
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A reminder that protected US shipbuilding has not been internationally competitive since roughly the Civil War:
There was a time when shipping and shipbuilding were strong American industries. We’ve fallen behind and China has taken full advantage. My SHIPS for America Act rebuilds America’s maritime industry, creates good-paying jobs, and strengthens our economic and national security. It’s time we regain our leadership at sea.View quoted post on X
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"U.S. shipbuilding crisis deepens as Navy expansion outpaces capacity" upi.com/Top_News/World…
"American shipyards are taking nearly twice as long to build some warships as they did two decades ago"View quoted post on X
Update: 330 voyages and over 87 million barrels moved
Update: 320 voyages and almost 85 million barrels moved.View quoted post on X
Ships operating under the Jones Act waiver have transported more American gasoline to Puerto Rico since March than the island has received from the US mainland in the last 20 years combined (5,959k barrels vs 6,266k barrels).
