Tags: waives | jones | act | oil | east | coast

U.S. Waives Jones Act to Help Get Fuel to Northeast

Friday, 02 Nov 2012 12:57 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The U.S. government issued a temporary blanket waiver on Friday of the Jones Act, which will allow foreign-flagged oil tankers from the Gulf of Mexico help supply the Northeast with fuel after Hurricane Sandy shut two New Jersey refineries.

The waiver from the Department of Homeland Security is effective immediately and runs through Nov. 13.

The Jones Act, created to support jobs in the maritime industry, requires that goods moved between U.S. ports be carried by ships built domestically and staffed by U.S. crews.

The American Maritime Partnership, or AMP, a domestic maritime industry group, said it was not aware of any circumstances where U.S. vessels have not been available to meet transportation needs for fuel. But it supports waivers in the aftermath of the superstorm that also wiped out power to many gasoline stations in the Northeast.

"We will not oppose waivers that are necessary to facilitate delivery of petroleum products into the regions affected by Hurricane Sandy," AMP said in a letter it sent to President Barack Obama and the heads of several government departments on Friday.

DHS said it had gotten only one request from a company to waive the law, but did not say which.

Energy experts were divided on whether the move would bring much relief to the fuel-strapped Northeast.

"There appears to be no urgent need at the moment," for a Jones Act waiver, said Bob McNally, head of Washington-based consulting firm the Rapidan Group. He said shortages have been at the retail level so far, rather than the maritime import level.

But David Goldwyn, who headed international energy affairs at the State Department until early 2011, said the waiver could boost the ability to deliver fuel to the East Coast now that tankers that were set to go to Europe or other destinations can dock there without restriction.

"The travel from Gulf Coast to the East Coast is pretty quick," said Goldwyn, who currently runs Goldwyn Global Strategies, an energy research and strategy company.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Google Working on Super-fast 'Quantum' Computer Chip

Tuesday, 02 Sep 2014 22:08 PM

Google on Tuesday said it is working on a super-fast quantum computer chip as part a vision to one day have machines t . . .

US, European Lawmakers to Discuss NSA, World Hotspots in DC

Tuesday, 02 Sep 2014 21:48 PM

Members of Congress and European parliaments will discuss international "hotspots" such as Iraq, Ukraine and Gaza, as we . . .

Pipeline Foes Condemn Neb. Congressman's Mock Playlist

Tuesday, 02 Sep 2014 19:28 PM

Nebraska Congressman Lee Terry is duking it out with oil pipeline fighters again, this time over a mock playlist Terry's . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved