ZzeroBeat t1_iuiftbv wrote
Reply to comment by itsonlyastrongbuzz in New England Utility Urges Biden to Declare Emergency to Avoid Fuel Shortage by Nobiting
so why hasnt it been repealed yet? seems like an ancient law that doesnt benefit anyone anymore. other than LNG distributors i guess
TotallyErratic t1_iuih0zy wrote
I imagine trade group that owns american flagged vessel who has a monopoly on shipping between US ports?
gallaj0 t1_iuimy7d wrote
politicians in states with US shipyards love the Jones act; unless they can get a military contract, it's the only thing keeping those yards alive.
quintus_horatius t1_iuirdwl wrote
It doesn't seem to be helping much, there are hardly any.
SkiingAway t1_iuiuuw1 wrote
It keeps the very small amount of non-military US shipbuilding/shipping left alive. Whether or not you feel that's worthwhile is up to you, but that's the function.
In the event of more serious world issues, being unable to supply our non-contiguous territories with our own fleet is potentially a pretty significant national security issue.
[deleted] t1_iuj7osx wrote
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SkiingAway t1_iuj9k84 wrote
Uh, yes. You're trying to be sarcastic, but that's basically 100% accurate.
The US commercial shipbuilding industry is pretty much entirely dead outside of that. We build about zero ships of any substantial size other than the shipbuilding that's protected/subsidized by the military + the couple dozen Jones Act ships.
If it isn't built here for purposes of complying with either military or Jones Act rules....it isn't built here, ever.
World shipbuilding is ~49% China, ~39% South Korea, ~9% Japan, and the entire rest of the planet is basically a rounding error with 3-4% total market share.
ZzeroBeat t1_iujfsuo wrote
so it sounds like its not really working as intended anyways. might as well just open it up and help reduce energy prices. i don't see how holding back on that is worth the thousands or whatever it is of shipbuilders that may or may not exist.
SplyBox t1_iujqe7s wrote
Because the US government doesn’t like killing any amount of US jobs if it can help it
[deleted] t1_iuim1wv wrote
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