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After pipeline cyberextortion attempt, gas prices ticks higher

May 10, 2021
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FILE - In this Sept. 8, 2008 file photo traffic on I-95 passes oil storage tanks owned by the Colonial Pipeline Company in Linden, N.J. A major pipeline that transports fuels along the East Coast says it had to stop operations because it was the victim of a cyberattack. Colonial Pipeline said in a statement late Friday that it “took certain systems offline to contain the threat, which has temporarily halted all pipeline operations, and affected some of our IT systems.” (AP Photo/Mark Lennihan, File)
UPDATE: The operator of a major U.S. pipeline hit by a cyberattack said Monday it hopes to have service mostly restored by the end of the week. ....

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US pipeline company halts operations after cyberattack

- Inflation-adjusted price: $2.85 (#23 most expensive year in 84-year span)
The United States was now a player in World War II, which meant the introduction of gas rationing. Gas rationing had little to do with a shortage; what the United States armed forces needed was rubber, so nonessential rubber usage (like car tires) had to go. In order to stop people from wearing out their tires and needing rubber that could have gone to military efforts, the U.S. decided to ration gas, limiting the number of gallons various driver classes could purchase per week.
Everett Historical // Shutterstock
1943
- Inflation-adjusted price: $2.84 (#26 most expensive year in 84-year span) ....

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