Mad Money Video: Jim Cramer Rips Jones Act
Jim Cramer Mad Money CNBC addresses the Jones Act and its negative impact on liquid fuel prices and supply on his Monday, February 25, 2013 program.
Cramer’s presentation on petroleum transportation bottlenecks is between 32 and 38 minutes on the video. The Jones Act comes up at the 35 minute mark.
ALSO: The American Maritime Partnership (formerly known as the Maritime Cabotage Task Force) issued a letter on February 26, 2013, intended to counter all the analysis showing that the Jones Act has an adverse effect on the distribution of crude petroleum oil and petroleum products.