East Coast Fuel Supply Hampered By Tanker Shortage

Shipments of fuels to the East Coast, parts of which are experiencing fuel shortages after the Colonial pipeline outage, have been made extra difficult by another shortage—this time of tankers. Reuters reports, citing unnamed sources from the shipping industry, that shipowners had mothballed a number of tankers that could have been used to carry fuel north from the Golf Coast. The problem is that only U.S.-flagged tankers can make the coastal journey under legislation known as the Jones Act. Earlier this week, Reuters reported that the federal…