H.R. 8021, Maritime Deregulation / Shipping Carve-out. Quorum's AI analysis reads it as a net cost — and names who bears it.
H.R. 8021 · Net cost
What it does
This bill amends federal maritime law to allow foreign-built vessels to transport crude oil and petroleum products within U.S. waters, bypassing the Jones Act's requirement that such cargo be carried on U.S.-built, U.S.-owned ships.
The analysis names petroleum companies (EQT, PSX, EXE, TRGP, and integrated oil majors) — and 2 more groups — among the beneficiaries.
The cost
Exemption applies broadly to all foreign vessels except those with Russian/Chinese ties, meaning vessels from any other nation (including those with weaker labor/safety standards) can now compete in U.S. domestic oil transport, potentially lowering safety and labor standards in the sector.
The analysis put a high warning level on this bill. Transparency scores 65%; no detached riders.
Who is behind it
Filed by Scott Perry. Cosponsored by Chip Roy, Mark Harris, Tom McClintock and Warren Davidson.
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