As gas inventories run low, NACS is working with the Biden Administration to provide relief
By Paige Anderson
Special to The Auto Channel
NACS Online News
ALEXANDRIA, Va. May 12, 2021; For decades NACS and the convenience and fuel retailing industry have worked with government agencies and administrations during times of disaster whether natural or manmade to ensure our industry quickly responds to fuel supply and demand disruptions.
Unlike fuel disruptions caused by hurricanes and other natural disasters, the challenges fuel retailers are currently facing due to Colonial Pipeline shutdown are more about fuel transportation and the ability to move fuel to needed locations, rather than a production or refining issue. The industry is in a unique situation where it is transitioning from winter blends to summer blends of fuel, and consumer demand is increasing as Memorial Day weekend approaches and the summer driving season kicks off. To make matters more complicated, there is nat
Colonial Pipeline restarts operations after cyberattack sends drivers scrambling for gas
Associated Press
Updated on:May 12, 2021, 6:28pm EDT
Drivers waited in long lines at gas stations in the Southeast on Wednesday after a hack of the nation’s largest fuel pipeline led to distribution problems and panic-buying, draining supplies at thousands of gas stations.
Although there was no gasoline shortage, there was a problem getting the fuel from refineries on the Gulf Coast to the states that need it, and officials were scrambling to find alternate routes to deliver it.
The Colonial Pipeline, which delivers about 45% of the fuel consumed on the East Coast, was hit on Friday with a cyberattack by hackers who lock up computer systems and demand a ransom to release them. The attack raised concerns, once again, about the vulnerability of the nation’s critical infrastructure.
Colonial Pipeline restarts operations days after major hack
But it will take several days for deliveries to return to normal, the company says.
By CATHY BUSSEWITZ, BEN FINLEY and TOM FOREMAN JR.Associated Press
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A sign reading Out of Fuel is taped to the window at an Exxon gas station in Lynchburg, Va., on Tuesday. More than 1,000 gas stations in the Southeast reported running out of fuel, primarily because of what analysts say is unwarranted panic-buying among drivers, following the shutdown of a major pipeline by hackers. Kendall Warner/The News & Advance via Associated Press
CLEMMONS, N.C. The nation’s largest fuel pipeline restarted operations Wednesday, days after it was forced to shut down by a gang of hackers.
Elijah Nouvelage / Bloomberg via Getty Images
Originally published on May 12, 2021 7:27 pm
The Colonial Pipeline shutdown sent motorists across the Southeast scrambling for gas, even as state and federal officials warn against panic-buying and price gouging.
The pipeline provides some 45% of the East Coast s fuel and was shut down for days following a cyberattack last week. The company said Wednesday it had restarted operations around 5 p.m. ET. Following this restart, it will take several days for the product delivery supply chain to return to normal, Colonial announced.
In the interim, people in states from Tennessee to Virginia lined up in droves to fill their tanks, consequently draining many gas stations of their fuel.