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The colonial pipeline will resume service on Thursday following a cyberattack

Owners of the largest fuel pipeline in the United States said they plan to resume service across the system on Thursday after a cyberattack shuts down the system, leading to gas shortages and rising prices in the region.

Colonial Pipeline, the operator of a 5,500-mile conduit that moves 100 million gallons of fuel from Texas to New Jersey a day, said it expects fuel to arrive in all markets it serves by noon. It was. It transports about 45% of the fuel consumed on the east coast.

The closure of pipelines supplying gasoline, diesel, jet fuel and other refined products has caused gas stations to operate along parts of the east coast this week, pushing gasoline prices to their highest levels in six and a half years. It was useful.

“The Colonial Pipeline has made great strides in the safe restart of pipeline systems and can report that products have begun to be delivered in most of the markets in which they serve,” he said in a statement. ..

There was a long line at a gas station along the east coast on Tuesday. This is because drivers ran gasoline amid concerns about a shortage due to the closure of the largest fuel pipeline in the United States after a cyber attack. Photo: Robin Laine / ZUMA

The company closed its pipeline late Friday after being hit by a ransomware attack. US officials have linked the attack to a criminal organization known as Dark Side. Colonial warned Thursday that it would take several days for fuel flows to return to normal, but said it would be supplying fuel to most markets when it resumes operations.

On Thursday, President Biden said fuel flows in the pipeline should return to normal regionally from this weekend to next week. Biden said there might be a problem with the restart, but he didn’t panic the driver and urged him to buy more fuel than he needed in the next few days.

“I know that looking at a line with a gasless pump or gas station can be very stressful, but this is a temporary situation,” Biden said in a media briefing. I did. “Gasoline supply is back online and panic buying only slows down the process.”

The driver was waiting on a winding line to refuel at the Costco gas station in Dunwoody, Georgia on Wednesday.


Photo:

Elijah Nouvelage / Bloomberg News

According to AAA, the national average gasoline price rose about 2 cents per gallon to $ 3.03 on Thursday. This was partially boosted by a run at a gas station in the southeast. Prices started at around $ 2.25 this year and are rising as fuel demand continues to recover from last year’s pandemic lows.

Thousands of gas stations from Tallahassee, Florida to Washington, DC ran out of fuel this week as nervous drivers waited in long lines. As of Thursday morning, 68% of North Carolina gas stations were depleted, collecting data from drivers who reported such outages, according to fuel and price tracker GasBuddy. In Georgia, 49% ran out of fuel. 52% in South Carolina. 54% in Virginia.

People filled their cars and plastic cans on Wednesday in Benson, North Carolina, as many stations ran out of gas.


Photo:

Shawn Rayford / Getty Images

Curtis Martin said the six-cylinder sports utility vehicle was emptied on Wednesday looking for a fueled station in northeastern Charlotte, Concord, North Carolina, with about half of the tank left. He said the station where he found him had a long line of cars on Tuesday was out of fuel on Wednesday.

Martin, a 60-year-old who works for a mattress company, goes in and out of work about 20 miles a day. He said he wasn’t sure if he should continue to burn the gas already in the SUV on an excursion. Almost empty gas station.

“Maybe I need to be patient and make the process itself work well,” Martin said.

On Wednesday, workers stood on tanks at a colonial pipeline facility in Avenel, NJ.


Photo:

Mark Cowes Larich / Bloomberg News

Colonial pipeline shutdown

Write to Collin Eaton at Collin.eaton@wsj.com

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The colonial pipeline will resume service on Thursday following a cyberattack

Source link The colonial pipeline will resume service on Thursday following a cyberattack

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