Biggest U.S. Gasoline Pipeline Is Restarting After Cyberattack [View all]
Source: Bloomberg News
By Michael Jeffers and William Turton, May 12, 2021, 4:18 PM CDT
The largest gasoline pipeline in America is returning to service, recovering from a cyberattack late Friday that raised pump prices and choked fuel supplies across the eastern U.S.
The Colonial Pipeline -- a critical source of gasoline and diesel for the New York area and the rest of the East Coast -- was set to restart around 5 p.m. Eastern time, according to a company statement. The Alpharetta, Georgia-based operator said over the weekend that it was forced to take systems offline on May 7 in response to the ransomware attack. Even with full service restored, it will take about two weeks for gasoline stored in Houston to reach East Coast filling stations.
Gasoline stations from Florida to Virginia are running dry. In parts of the U.S. South, three in every four gas stations had no fuel as of Wednesday, while in Washington, D.C., cars were lining up for blocks as they waited to fill up. U.S. pump prices have topped $3 a gallon for the first time in six years. Colonial each day normally ships about 2.5 million barrels (105 million gallons), an amount that exceeds the entire oil consumption of Germany.
The supply disruptions underscore just how vulnerable America’s fuel supply system has become in the wake of increased attacks on energy infrastructure by hackers over the past few years.
Read more: https://www.bloomberg.com/news/articles/2021-05-12/america-s-largest-gasoline-pipeline-restarting-after-cyberattack?sref=dCXr1Xoe&utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter&utm_content=politics&cmpid%3D=socialflow-twitter-politics
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