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May 13, 2021
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 countrys 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...
May 13, 2021
The largest pipeline in the US for transporting fuel shut down following a cyber attack. The attack had an impact on fuel prices and created shortages resulting in some gas stations having to close. An investing strategist breaks down how investors can capitalize on the attack over the short and long-term. For six days, a hacker group held the largest pipeline system for refined oil products in the US, Colonial Pipeline, at ransom via a cyber attack. This resulted in the shutdown of a 5,500 mil...
May 13, 2021
GasBuddy: 51% of stations in Virginia are out of gas, check availability here As pipeline operations restart, restaurants cope with gas shortage impacts By NBC29 Newsroom | May 12, 2021 at 2:08 PM EDT - Updated May 13 at 1:04 PM CHARLOTTESVILLE, Va. (WVIR) - According to GasBuddy, a company that provides apps and websites featuring real-time gas prices, 51% of the stations in the commonwealth are out of gasoline. The availability of gas is connected to a reported cybersecurity incident on...
May 13, 2021
Bidens Cybersecurity Executive Order: 4 Key Takeaways Compliance Twitter Photo: Taken via Pixabay/CC By issuing a sweeping cybersecurity executive order on Wednesday, the Biden administration is attempting to take a critical step to address security issues that have come to light after recent cyberattacks. The 30-page Executive Order on Improving the Nation’s Cybersecurity covers a host of cybersecurity issues. It describes how government agencies should evaluate the software they buy. It ma...
May 12, 2021
Some Pine Belt residents stock up on fuel as some gas stations report low supply Some Pine Belt residents stock up on fuel as some gas stations report low supply By Charles Herrington | May 11, 2021 at 7:20 PM CDT - Updated May 11 at 7:21 PM PINE BELT, Miss. (WDAM) - Some Pine Belt residents were stocking up on gasoline Tuesday after the hack of a major U.S. fuel pipeline last week. The hack prompted Colonial Pipeline to halt its operations, though the company said it hopes services can be...
May 12, 2021
North Carolina’s law against price gouging, or charging too much in times of a crisis, goes into effect when the governor declares a state of emergency.
May 12, 2021
Florida declares state of emergency after pipeline shutdown May 11, 2021 FacebookTwitterEmail TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis declared a state of emergency Tuesday evening in response to gasoline shortages caused the shutdown of a major pipeline by hackers. The executive order signed by DeSantis activates the Florida National Guard, as needed, and directs state emergency management officials to work with federal and local officials. The Colonial Pipeline, the biggest fuel p...
May 12, 2021
May 11, 2021 SHOW TRANSCRIPT Florida, Georgia, Virginia and North Carolina declared states of emergency Tuesday as more than 1,000 gas stations in the Southeast reported running out of fuel. Analysts say drivers are panic-buying gas after Colonial Pipeline, which delivers about 45% of the fuel consumed on the East Coast, was shut down by a cyberattack. President Biden has called on federal agencies to quickly ship in fuel -- and officials say theres no reason to panic or to rush out and buy gas...
May 12, 2021
Tips for consumers dealing with gas pipeline issues So far, it does not appear Alabama has been severely impacted Tips for consumers dealing with gas pipeline issues By Kelvin Reynolds | May 11, 2021 at 7:40 PM CDT - Updated May 11 at 8:00 PM TUSCALOOSA, Ala. (WBRC) - Governor Kay Ivey is urging people not to panic as federal officials and others sort through problems created by a cyber attack affecting a major gas pipeline. So far, it does not appear Alabama has been severely impacted whe...
May 12, 2021
East Coast Gas Stations Run Dry; Gas Prices Rise Over Colonial Pipeline Shut Down WASHINGTON (dpa-AFX) - Gas stations along the U.S. East Coast, in particular, the parts of the Southeast, are running out of fuel as an after effect of supply cut from Colonial Pipeline that was shut down after a ransomware attack. More than 12 percent of gas stations in North Carolina, 8.6 percent in Virginia, 8 percent in Georgia, and 5.9 percent in South Carolina have run dry of gasoline, according to GasBuddy...