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U.S. oil pipeline shutdown could cause jump in prices

U.S. oil pipeline shutdown could cause jump in prices
Robert Besser
13 May 2021, 10:02 GMT+10
Supply disruptions caused by the shutdown at Colonial Pipeline -the country s top fuel pipeline network -could result in prices rising at pumps across the southeastern United States
The network ships more than 2.5 million barrels per day of gasoline, diesel and jet fuel from the Gulf Coast to populous southeast and northeast states
Florida, Georgia, Alabama, South Carolina, North Carolina, and Tennessee rely on the line for most of their fuel supplies
WASHINGTON D.C.: Supply disruptions caused by the shutdown at Colonial Pipeline -the country s top fuel pipeline network -could result in prices rising at pumps across the southeastern United States, with demand already picking up as drivers queued up to fill their tanks, industry experts said on Sunday. ....

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Consumers brace for shortages after largest oil pipeline shuts down

Consumers brace for shortages after largest oil pipeline shuts down
13 May 2021, 10:02 GMT+10
WASHINGTON D.C.: Supply disruptions caused by the shutdown at Colonial Pipeline -the country s top fuel pipeline network -could result in prices rising at pumps across the southeastern United States, with demand already picking up as drivers queued up to fill their tanks, industry experts said on Sunday.
Some smaller pipelines were restarted Sunday, but Colonial, which was forced to shut down due to a ransomware attack on Friday, has not indicated when its main pipelines will restart.
The network ships more than 2.5 million barrels per day of gasoline, diesel and jet fuel from the Gulf Coast to populous southeast and northeast states. ....

United States , South Carolina , North Carolina , Charlotte Douglas International Airport , Melissa Ruiz , Tom Kloza , Ernie Barsamian , Patrick De Haan , American Automobile Association , Oil Price Information Service , Atlanta International Airport , Colonial Pipeline The , Gulf Coast , American Automobile , Tank Tiger , Colonial Pipeline , Charlotte Douglas International , Plantation Pipeline , Kinder Morgan , East Coast , Washington Dc , Supply Disruptions , Colonial Pipeline Shutdown , Fuel Price Rise , Southeastern United States , Jet Fuel ,

Refinery margin tracker: Colonial outage threatens USGC margins | Hellenic Shipping News Worldwide

Refinery margin tracker: Colonial outage threatens USGC margins
US Gulf Coast refining margins have risen as the lifting of coronavirus restrictions have boosted products demand, but those margins could come under pressure as the Colonial Pipeline – the main conduit of USGC refined products to the US Atlantic Coast – was shut down due a ransomware attack, an analysis from S&P Global Platts showed May 10.
After dipping mid-week, US Gulf Coast margins picked up steam to end up on the week ending May 7. Cracking margins for WTI MEH reached $13.97/b on May 7, compared with the week’s average of $13.66/b, S&P Global Platts Analytics margin data showed. ....

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REFINERY MARGIN TRACKER: Colonial outage threatens USGC margins

New York
US Gulf Coast refining margins have risen as the lifting of coronavirus restrictions have boosted products demand, but those margins could come under pressure as the Colonial Pipeline – the main conduit of USGC refined products to the US Atlantic Coast – was shut down due a ransomware attack, an analysis from S&P Global Platts showed May 10.
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After dipping mid-week, US Gulf Coast margins picked up steam to end up on the week ending May 7. Cracking margins for WTI MEH reached $13.97/b on May 7, compared with the week s average of $13.66/b, S&P Global Platts Analytics margin data showed. ....

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U.S. Southeast braces for fuel price rises after pipeline shutdown

By Syndicated Content
By Devika Krishna Kumar and Laila Kearney
NEW YORK (Reuters) – The southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the shutdown of the country’s top fuel pipeline network – and demand has already picked up as drivers fill their tanks, industry experts said on Sunday.
The attack forced Colonial Pipeline to shut down its entire system on Friday. Some smaller lines were restarted Sunday, but Colonial has given no timeline for the restart of its main pipelines.
The network ships more than 2.5 million barrels per day (bpd) of gasoline, diesel and jet fuel from the Gulf Coast to populous southeast and northeast states. ....

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