US Waives Jones Act To Secure Fuel For Hurricane Responders
WASHINGTON, Sept 8 (Reuters) - The U.S. government on Friday said it was temporarily waiving a law that limits the availability of cargoes on the U.S. coasts, a step that will ensure enough fuel reaches emergency responders during Hurricane Irma and in the wake of Hurricane Harvey.
The Jones Act mandates the use of U.S.-flagged vessels to transport merchandise between U.S. coasts. The Department of Homeland Security waived the requirement for one week. This will allow oil and gas operators to use often cheaper, tax-free, or more readily available foreign-flagged vessels.
Harvey, which hit Texas with record floods, had a wider effect of disrupting fuel distribution across Florida, Georgia and other Southeastern states by shutting refineries and pipelines.
With Hurricane Irma, one of the most powerful Atlantic storms in a century, expected to hit Florida in days, the region will experience "one of the largest mass evacuations in American history" and see historic levels of restoration and response crews, said Elaine Duke, acting secretary of Homeland Security.
Waiving the Jones Act will ensure there is fuel to support lifesaving efforts and restore services and infrastructure in the wake of the storm, Duke said.
(Reporting by Timothy Gardner; editing by Diane Craft and David Gregorio)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Weatherford CEO's Rebound Plan Relies On Getting Smaller
- Iran Says Oil Market Is Too Tight For US Zero Exports Target
- China's Squeezed 'Teapots' Eye Petchem Path To Riches
- Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
- Venezuela Hands China More Oil Presence, But No Mention Of New Funds
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Rooftop Solar Now 4th Largest Source of Electricity in Australia
- EU, Industry Players Ink Charter to Meet Solar Energy Targets
- US Confirms Reimposition of Oil Sanctions against Venezuela
- Analyst Says USA Influence on Middle East Seems to be Fading
- Brazil Court Reinstates Petrobras Chair to Divided Board
- Russian Ships to Remain Banned from US Ports
- EIB Lends $425.7 Million for Thuringia's Grid Upgrades
- Var Energi Confirms Oil Discovery in Ringhorne
- Seatrium, Shell Strengthen Floating Production Systems Collaboration
- An Already Bad Situation in the Red Sea Just Got Worse
- What's Next for Oil? Analysts Weigh In After Iran's Attack
- USA Regional Banks Dramatically Step Up Loans to Oil and Gas
- EIA Raises WTI Oil Price Forecasts
- Venezuela Authorities Arrest Two Senior Energy Officials
- Namibia Expects FID on Potential Major Oil Discovery by Yearend
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Oil Markets Were Already Positioned for Iran Attack
- Is The Iran Nuclear Deal Revival Project Dead?
- Petrobras Chairman Suspended
- Oil and Gas Executives Predict WTI Oil Price
- An Already Bad Situation in the Red Sea Just Got Worse
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Equinor Makes Discovery in North Sea
- Macquarie Strategists Warn of Large Oil Price Correction
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Standard Chartered Reiterates $94 Brent Call
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024
- Analysts Flag 'Remarkable Feature' of 2024 Oil Price Rally