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U.S. to suspend the Jones Act in a bid to curb oil prices

https://www.bloomberg.com/news/articles/2026-03-12/trump-administration-set-to-suspend-jones-act-to-tame-oil-prices
23•geox•1h ago

Comments

Kim_Bruning•1h ago
https://archive.ph/AKZ9G
aeternum•47m ago
Amazing, never thought it would happen.

Ridiculous to have laws that unfairly protect dead industries. Dockworkers next please so we can have automated container unloading.

8note•45m ago
if it works, will they keep it suspend even after?
_doctor_love•43m ago
That's the goal. The Jones Act guarantees a lot of American jobs and those workers are expensive. This allows US port-to-port shipping at much lower prices.

Good for the bottom line, bad for the worker.

baggy_trough•42m ago
It destroys far more American jobs in favor of a special interest group.
JumpCrisscross•34m ago
> Good for the bottom line, bad for the worker

Bad for most workers. Good for a cabal. The Jones Act directly lead to the failure of American shipbuilding.

stackskipton•21m ago
Say what?

Jones Act didn't kill American Shipbuilding, cost of American worker did.

However, whole reason for Jones Act is attempt to protect the American Merchant Marine. If you can't move things via water in wartime, you don't have an empire.

general1465•20m ago
Jones act also guarantee lack of competition between shipyards. When companies MUST buy from you, there is no pressure to improve and you can set prices as you like.

Now US shipbuilding has been shielded from competition for so long, that any kind of permanent repeal of Jones act will mean instant bankruptcy of US ship builders. Similar to what happened in Eastern Europe after 1989. That shock of not being shielded by iron curtain from competition has caused implosion of whole industries.

nozzlegear•26m ago
This is literally the meme of "worst guy you know made a great point" playing out in real time.