“Foreign reference pricing” is just price controls by the backdoor The world is full of bad ideas that self-interested parties sometimes try to bring to these shores, swearing up and down they’re actually good: karaoke, kale, Neti pots, the Yugo, the Macarena, Gerard Depardieu — the list goes on. To this hall of shame must […]
Tag: LNG
The Jones Act continues to make no sense at all
“Why Is an Energy Powerhouse Importing Russian LNG?” By Colin Grabow, courtesy of Cato Institute In the coming days a Spanish-flagged ship, the Catalunya Spirit, will deliver a shipment of Russia-originated liquefied natural gas (LNG) to Puerto Rico. Bizarrely, the United States—a leading exporter of LNG—is nonetheless importing it from a geopolitical rival. And this isn’t a first. […]