A measure included in the $858 billion annual defense spending bill cleared by the Senate on Thursday night could make it harder to ship fuel during national emergencies due to changes made to a century-old law known as the Jones Act.
The Jones Act is a 1920s-era law requiring that any cargo shipped between domestic ports be transported on a U.S.-built, U.S.-registered ship flying the U.S. flag and manned by a majority-U.S. crew.The proposed changes prohibit any vessel already on the water from obtaining waivers from the Jones Act.
Though it is aimed at ensuring a minimum strength for the domestic shipping industry, the law inflates shipping costs and limits the availability of cargo ships, making it vastly more expensive for domestic shipping firms to transport fuel across the country. As of last month, U.S. distillate levels were at their lowest since 1951, according to data from the U.S. Energy Information Administration, causing prices of the commodity to skyrocket and forcing some wholesalers to ration goods. Some households have not been able to fill up their full heating tanks before winter, citing the high prices.
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