Rep. Perry Introduces American Petroleum First Act to Lower Oil Shipping Costs
This bill is currently in the early stages of the legislative process. It has been sent to the House Committee on Transportation and Infrastructure for review. There are no upcoming votes scheduled at this time.
This bill challenges the Jones Act, which has strong support from labor unions and many members of both parties. It is unlikely to pass without a major shift in trade policy.
American shipyards and domestic shipping companies that have long been protected by the Jones Act could see a significant loss of business. By allowing foreign-built vessels to carry petroleum products between U.S. ports, U.S. shipbuilders and ship operators lose a captive market, potentially leading to job losses and reduced revenue in the domestic maritime industry.
“Notwithstanding subsection (a), a certificate of documentation may be issued under this chapter for any vessel transporting crude oil and petroleum products.”
Referred to the House Committee on Transportation and Infrastructure.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
No related news coverage found for this legislation yet.
Document Type
Congressional Bill
Official Title
American Petroleum First Act
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