The Jones Act of 1920 mandates that goods transported by water between US ports must travel on ships constructed, owned, and operated by US entities and must display the US flag. It is frequently blamed for the higher costs of domestic shipping and of the products that are transported. In Impacts of the Jones Act on US Petroleum Markets (NBER Working Paper 31938), Ryan Kellogg and Richard L. Sweeney estimate that if the act had not been in force in 2018–19, fuel prices on the East Coast of the

Tag-uri: Petrol