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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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<blockquote data-quote="Babagounj" data-source="post: 5153377" data-attributes="member: 12952"><p>If Biden really wanted to help decrease fuel prices, he should be spending his time having the Jones Act abolished.</p><p>The Jones Act ( 1920 ) requires that only US ships move cargo between US Ports.</p><p>The US has no LNG ships, they are all foreign flagged vessels.</p><p>So cheap LNG on the Gulf Coast is not available to other parts of the US , instead they have to buy their supplies from the World Markets.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5153377, member: 12952"] If Biden really wanted to help decrease fuel prices, he should be spending his time having the Jones Act abolished. The Jones Act ( 1920 ) requires that only US ships move cargo between US Ports. The US has no LNG ships, they are all foreign flagged vessels. So cheap LNG on the Gulf Coast is not available to other parts of the US , instead they have to buy their supplies from the World Markets. [/QUOTE]
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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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