As the war with Iran continues, global oil prices will remain high, with gasoline prices following, meaning the President needs to find ways to lower costs or risk political and potential strategic vulnerabilities. In hopes of solving this, the Trump Administration has moved to waive the Jones Act in large part to lower prices for gas and other energy products nationwide.
Center for Maritime Strategy
John D. McCown
External Source: Capitol Weekly
As the war with Iran continues, global oil prices will remain high, with gasoline prices following, meaning the President needs to find ways to lower costs or risk political and potential strategic vulnerabilities. In hopes of solving this, the Trump Administration has moved to waive the Jones Act in large part to lower prices for gas and other energy products nationwide.
The full article is available at Capitol Weekly
John D. McCown, Non-Resident Senior Fellow