American-Made Gasoline Tankers Are Busier Than Ever

Only ships built on home soil can move commodities from one U.S. port to another, thanks to a nearly 100-year-old law

President Donald Trump would be proud -- U.S.-manufactured tankers are hauling more gasoline between American ports than ever before. Ships moved 388,000 barrels a day of products that do things like boost octane in fuel from the Gulf Coast to the East Coast, a 40 percent jump from the beginning of the year. Under the nearly 100-year-old Jones Act, only ships that are made in America are allowed to move commodities from one U.S. port to another.

    Before it's here, it's on the Bloomberg Terminal.