Wednesday, 12 May 2021 08:26 AM MYT
Holding tanks are seen in an aerial photograph at Colonial Pipeline s Dorsey Junction Station in Woodbine, Maryland May 10, 2021. Reuters pic
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NEW YORK, May 12 Gas stations from Florida to Virginia began running dry and prices at the pump rose yesterday, as the shutdown of the biggest US fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.
The administration of US President Joe Biden projected that the Colonial Pipeline, source of nearly half the fuel supply on the US East Coast, would restart in a few days and urged drivers not to top up their tanks.
Gas supplies dwindle in U.S. Southeast, prices climb due to pipeline outage
Reuters | May 11, 2021 03:34 PM EDT
Holding tanks are seen in an aerial photograph at Colonial Pipeline s Dorsey Junction Station in Woodbine, Maryland, U.S. (Photo : REUTERS/Drone Base)
Gas stations from Florida to Virginia began running dry and prices at the pump jumped on Tuesday as the shutdown of the biggest U.S. fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.
About 7.5% of gas stations in Virginia and 5% in North Carolina had no fuel on Tuesday as demand jumped 20%, tracking firm GasBuddy said. Prices rose to their highest in more than six years, and Georgia suspended sales tax on gas until Saturday to ease the strain on consumers. North Carolina declared an emergency.
Publishing date: May 11, 2021 • May 11, 2021 • 4 minute read •
Article content
Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest U.S. fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.
The administration of U.S. President Joe Biden projected that the Colonial Pipeline, source of nearly half the fuel supply on the U.S. East Coast, would restart in a few days and urged drivers not to top up their tanks.
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Pipeline outage causes U.S. gasoline supply crunch, panic buying
By Laura Sanicola and Devika Krishna Kumar
Reuters
(Reuters) -Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest U.S. fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.
The administration of U.S. President Joe Biden projected that the Colonial Pipeline, source of nearly half the fuel supply on the U.S. East Coast, would restart in a few days and urged drivers not to top up their tanks.
U S fuel supplies tighten as pipeline outage drags on reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.