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U.S. oil pipeline shutdown could cause jump in prices
Robert Besser
13 May 2021, 10:02 GMT+10
Supply disruptions caused by the shutdown at Colonial Pipeline -the country s top fuel pipeline network -could result in prices rising at pumps across the southeastern United States
The network ships more than 2.5 million barrels per day of gasoline, diesel and jet fuel from the Gulf Coast to populous southeast and northeast states
Florida, Georgia, Alabama, South Carolina, North Carolina, and Tennessee rely on the line for most of their fuel supplies
WASHINGTON D.C.: Supply disruptions caused by the shutdown at Colonial Pipeline -the country s top fuel pipeline network -could result in prices rising at pumps across the southeastern United States, with demand already picking up as drivers queued up to fill their tanks, industry experts said on Sunday.
Consumers brace for shortages after largest oil pipeline shuts down
13 May 2021, 10:02 GMT+10
WASHINGTON D.C.: Supply disruptions caused by the shutdown at Colonial Pipeline -the country s top fuel pipeline network -could result in prices rising at pumps across the southeastern United States, with demand already picking up as drivers queued up to fill their tanks, industry experts said on Sunday.
Some smaller pipelines were restarted Sunday, but Colonial, which was forced to shut down due to a ransomware attack on Friday, has not indicated when its main pipelines will restart.
The network ships more than 2.5 million barrels per day of gasoline, diesel and jet fuel from the Gulf Coast to populous southeast and northeast states.
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