Biggest US gasoline pipeline restarts after cyberattack
13 May 2021 - 9:38
FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline s Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base/File Photo
Bloomberg
The largest gasoline pipeline in the U.S. is returning to service, recovering from a cyberattack late Friday that sent pump prices surging and triggered shortages across the Eastern U.S.
Colonial Pipeline Co. a critical source of gasoline and diesel for the New York area and the rest of the East Coast said it began to resume fuel shipments around 5 p.m. Eastern time Wednesday. In a further effort to provide relief, the Biden administration temporarily waived century-old shipping restrictions to allow foreign tankers to transport fuel to areas with shortages.
Gas stations watching the fallout from fuel pipeline attack: A lot of uncertainty
Colonial Pipeline, which delivers about 45% of the fuel consumed on the East Coast, was hit by a cyberattack on Friday.
and last updated 2021-05-11 18:28:38-04
RICHMOND, Va. As the shutdown of a major fuel pipeline entered into its fifth day, companies and government officials took steps to stave off potential fuel shortages, although no widespread disruptions of fuel supplies were reported Tuesday morning.
Colonial Pipeline, which delivers about 45% of the fuel consumed on the East Coast, was hit by a cyberattack on Friday.
âIn Virginia, we have one source really for our petroleum products and thatâs the Colonial Pipeline, Mike O Connor, with the Virginia Petroleum and Convenience Marketers, said. Weâre not sure when thatâs going to re-open and consequently thatâs creating the short-term supply problem and distribution problem we are seeing today.â