High gas prices and shortages hit trucking industry, as nation critically needs gasoline and goods transported
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Truck drivers reeling from high gas prices, shortages, as nation critically needs gas and goods transported
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In Colonial Pipeline Mess, Tank Trucks come to the Rescue
Wednesday night Colonial Pipeline Company, which uses the country’s largest pipeline system for refined oil, has announced that the 5,500-mile system is finally up and running, and the service is expected to return to normal by the end of the week. It had been four days since a pipe had come down historical and frightening–ransomware attack.
And yet, as of Thursday morning, cars continued to serve around gas stations up and down the East Coast, waiting their turn to fill the tank. It turns out that if you tell people that something threatens their oil supply, they will freak out and buy a lot. The National Association of Shopping Stores reported on Wednesday that the stations do their usual business two or four times, as some stores wash gasoline for several days about 16,000 gallons at the station in a matter of hours. It’s the usual buying behavior in the industry around hurricanes, says the association’s Jef
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On Wednesday night, the Colonial Pipeline Company, which operates the country’s largest pipeline system for refined oil, reported that the 5,500-mile system was finally up and running again, with service slated to return to normal by week’s end. It had been four days since the pipeline went down in a historic and frightening ransomware attack.
And yet, as of Thursday morning, cars continued to snake around gas stations up and down the Eastern seaboard, waiting their turn to fill up at the tank. Turns out that if you tell people something is threatening their petroleum supply, they will freak out and buy a lot of it. The National Association of Convenience Stores reported Wednesday that stations are doing two to four times their usual business, with some retailers clearing several days’ worth of gas around 16,000 gallons per station in a few hours. It’s the kind of purchasing behavior the industry usually se