A4A: Repealing Jones Act will lower fuel costs

07/24/2013 | CNBC

Airlines for America supports the repeal of the Jones Act, which requires ships that carry gasoline and other goods in U.S. waters to carry a U.S. flag. Allowing foreign ships to carry gasoline could increase competition and lower the cost of fuel. "What this means for customers is either a downward pressure on the amount of service we can offer or an upward pressure on price," said John Heimlich, chief economist for A4A.

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