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Colonial Pipeline: Gas shortage concerns send demand spiking in several states

Colonial Pipeline: Gas shortage concerns send demand spiking in several states CNN 1 hr ago By Matt Egan, CNN Business © Andrew Sherman/Bloomberg/Getty Images A store clerk posts a sign at a Marathon gas station in Elizabethtown, North Carolina, U.S., on Monday, May 10, 2021. A growing number of gas stations along the East Coast are without fuel as nervous drivers aggressively fill up their tanks following a ransomware attack that shut down the Colonial Pipeline, a critical artery for gasoline. The panic-buying threatens to exacerbate the supply shock. As of 9 pm ET Tuesday, 12.3% of gas stations in North Carolina and 8.6% in Virginia didn t have gasoline, according to outage figures reported by GasBuddy, an app that tracks fuel prices and demand. The Virginia figure was up from 7.7% at 4p ET, while North Carolina was up from 8.5% previously.

Analysis-Cyberattack exposes lack of required defenses on U S pipelines

Peoria, IL, USA 1470 & 100.3 WMBD May 12, 2021 | 5:44 AM FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline s Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base WASHINGTON (Reuters) – The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses. The U.S. government has had robust, compulsory cybersecurity protocols for most of the power grid for about 10 years to prevent debilitating hacks by criminals or state actors. But the country’s 2.7 million miles (4.3 million km) of oil, natural gas and hazardous liquid pipelines have only voluntary measures, which leaves security up to the individual operators, experts said.

Gas shortages spread to more states

As for the gas lines, it’s not clear when distribution on the East Coast will be back to normal, even if the pipeline is back up and running by the end of the week. “I think that it’ll at least be annoying or inconvenient to find gasoline . into next week,” Kloza said. “But really, we’re waiting on Colonial.” He said he thinks things will calm down once the company sends a strong signal that fuel is once again moving. De Haan put a longer timeline on it, saying he thinks it will take “a few weeks probably at best” for the situation to return to normal.

Purdue plans study economic impact of Lake Freeman s lowered water levels

Analysis - Cyberattack exposes lack of required defenses on U S pipelines

Analysis - Cyberattack exposes lack of required defenses on U.S. pipelines By Timothy Gardner Reuters WASHINGTON (Reuters) - The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses. The U.S. government has had robust, compulsory cybersecurity protocols for most of the power grid for about 10 years to prevent debilitating hacks by criminals or state actors. But the country s 2.7 million miles (4.3 million km) of oil, natural gas and hazardous liquid pipelines have only voluntary measures, which leaves security up to the individual operators, experts said.

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