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The Obscure Law That Keeps Your Energy More Expensive Than It Has To Be

“This will help ease short-term price impacts in the oil market as we work every day to lower prices and raise wages for Americans.”

Brecca Stoll
The Obscure Law That Keeps Your Energy More Expensive Than It Has To Be
FREDERIC J. BROWN/AFP via Getty Images

Most people have never heard of the century-old shipping law President Donald Trump temporarily suspended for the second time last month to ease fuel costs and stabilize supply chains during the Iran war. 

The law, known as the Jones Act, was signed by President Woodrow Wilson and requires that goods transported between U.S. ports be carried on ships that are American-built, American-owned, and American-crewed. The legislation was designed to rebuild America’s shipping industry after German U-boats decimated America’s merchant fleet during World War I. 

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