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The ins and outs of the Colonial Pipeline shutdown


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On Friday, May 7, the Colonial Pipeline was shut down due to a cyberattack on the company s computer systems. The pipeline runs from the Gulf Coast to New Jersey and provides almost half of the East Coast s gasoline. The pipeline is the largest in the country and is responsible for transporting over 100 million gallons of fuel daily. The cyberattack that disabled the pipeline is currently believed to be the largest successful cyberattack on an oil infrastructure in the history of the United States. 
There s no doubt that the Colonial Pipeline is critical to the Eastern United States. However, many sources are urging consumers not to panic and explaining that while the shutdown is certainly an inconvenience, it is not what s causing the shortage. Consumers flooding into the gas stations and panic buying fuel is the primary cause of the issue at hand.  ....

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