Jones Act

“So like the Jones Act basically says that if you, if you're shipping goods between two U.S. Ports, you need to use a U.S. Built ship crewed by U.S. Citizens and owned by U.S. Citizens. So like it's super protectionist to the U.S. Shipbuilding industry and U.S.…”

“I'm just saying if you look at American shipbuilding, it's, it certainly hasn't allowed us to be competitive on, on a global stage.”

“So high level, open the Strait of Hormuz. That's the only thing that really works. Then you can talk about Saudi mid-East spare capacity, our emergency capacity, and IEA emergency capacity, and then below that you have Canada Jones Act and US production.”

“And if you suspend the Jones act, then you can get more efficient transportation, which means we can at least have lower prices here. And we can have less of a price shock”