by Tyler Durden - Zero Hedge One day after the Trump administration flip-flopped on using the Strategic Petroleum Reserve (SPR) - eventually deciding to release 172 million barrels to try and counter the rising price of oil, they're now planning to issue temporary waivers for a century-old maritime law, the Jones Act, that requires American-built ships to be used to transport goods between US ports, in yet another attempt to control crude. Under the plan, 30-day waivers would be issued that...

By Jarrett Renshaw March 9 (Reuters) - U.S. President Donald Trump is expected to review as early as Monday a set of options to tame oil prices, ​which have spiked to more than $100 a barrel due to the Iran war, according to two people familiar ‌with the matter. The effort reflects White House worries that the surge in oil prices will hurt U.S. businesses and consumers ahead of the November midterm elections when Trump's fellow Republicans are hoping to retain control of Congress. U.S....

By Colin Grabow (Source: Cato Institute) Perhaps no part of the United States is more impacted by the Jones Act than Puerto Rico. Thanks...