US Says No Requests Yet to Waive Jones Act to Help Oil Companies
The U.S. government said on Monday it has not yet received requests to waive a 100-year-old law on shipping goods between domestic ports, despite some interested parties who say temporarily lifting the regulation would help energy companies hurt by the oil price plunge.Kelly Cahalan, a spokesperson at the U.S Customs and Border Protection agency of the Department of Homeland Security, said no requests to waive the Merchant Marine Act, better known as the Jones Act, have been received.U.S.
No Need for a Jones Act Waiver -AMP
America's maritime industry has hit back at a recent request by U.S. shale drillers to waive the Jones Act, a law requiring goods transported between U.S. ports to be carried on ships that are built, owned and operated by Americans.The American Exploration and Production Council, which represents independent oil firms that have been thrashed by an oil price war between Saudi Arabia and Russia and the fallout from the global coronavirus outbreak, sent a letter to congressionalā¦
NOIA Urges Senate Action to Facilitate Expanded Offshore Access
The National Ocean Industries Association (NOIA) joined with the American Petroleum Institute (API), the International Association of Drilling Contractors (IADC), the Independent Petroleum Association of America (IPAA), the American Exploration and Production Council (AXPC), and the U.S. With House passage last week of an alternative five year leasing plan for offshore access, and the last remaining days with Congress in session before the expiration of the 60 day congressional review period under the Outer Continental Shelf Lands Act, we are encouraged by bipartisan support for legislation that would facilitate offshore access to new areas.
