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Despite climate concerns, demand for dirty fuels is surging

Despite climate concerns, demand for dirty fuels is surging
economist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economist.com Daily Mail and Mail on Sunday newspapers.

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Colonial faces deadline to decide on hacked pipeline restart

Colonial faces deadline to decide on hacked pipeline restart
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Gasoline prices hit $3 as shortages grow on U.S. pipeline outage

Gasoline prices hit $3 as shortages grow on U.S. pipeline outage
By Joe Carroll and Jennifer Kay on 5/12/2021
(Bloomberg) â U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colonial Pipeline remains out of action due to a cyberattack.
The national average retail price rose to $3.008, according to data from auto club AAA on Wednesday. The premium for wholesale gasoline in the New York area reached its widest in three months. The gains may add to broader inflationary pressures as commodity prices from timber to copper also surge. ....

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Colonial Faces Deadline to Decide on Pipeline Restart

by Bloomberg
|Wednesday, May 12, 2021
Colonial Pipeline told federal officials it will know by late Wednesday whether it s safe to restart gasoline and diesel flows that have been on hold since criminal hackers targeted the company last week.
(Bloomberg) Colonial Pipeline Co. told federal officials it will know by late Wednesday whether it’s safe to restart gasoline and diesel flows that have been on hold since criminal hackers targeted the company last week.
The promise comes as frustration grows among political leaders over scant details about when the biggest North American fuel pipeline will recover, while fuel shortages spread rapidly across the South and East. U.S. Energy Secretary Jennifer Granholm said that even if Colonial can restart on Wednesday, it’ll take days longer to “ramp up operations.” With a full restoration of the pipeline system potentially taking weeks, U.S. retail gasoline jumped to the politically sensitive level of $3 a gallon ....

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Gas grows hard to find in U.S. south as pipeline hack bites

Gas grows hard to find in U.S. south as pipeline hack bites
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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