Global energy markets are undergoing a dramatic rebalancing, and most people have no idea what’s happening. While politicians argue about which energy sources to cancel, real-world supply constraints are forcing a reckoning. Ukraine sanctions have wiped out Russian refinery capacity, diesel prices are spiking worldwide, and the U.S. is caught in a policy whiplash China […]
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On March 17, 2026, the Department of Homeland Security issued the longest and broadest Jones Act waiver since at least 1950, covering energy commodities and fertilizer inputs. The waiver was extended twice and now runs through November 15, 2026, with a narrower product list and voyage-by-voyage review after August 17. The Cato Institute’s Jones Act […]
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This is a Joint Podcast with David Blackmon, and Stu Turley on both podcast platforms. The Jones Act: America’s Self-Inflicted Economic Wound In this episode of the Energy Newsbeat Podcast, hosts Stu Turley and David Blackmon sit down with Colin Grabow, Associate Director of the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies, […]
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