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Governors' Wind Energy Coalition Colonial Pipeline, targeted by ransomware attack, says service could be ‘substantially’ restored by week’s end Source: By Will Englund, Ellen Nakashima and Taylor Telford, Washington Post • Posted: Monday, May 10, 2021 Fallout from the massive cyberattack may have regional repercussions in the Southeast if repairs drag on. Holding tanks are seen at Colonial Pipeline’s Linden Junction Tank Farm in Woodbridge, N.J. Some 5,500 miles of Colonial pipeline transports 45 percent of the fuel consumed on the East Coast, reaching 50 milli...

US gas prices surge to seven-year high on fifth day of DarkSide cyber shutdown of Colonial Pipeline: Fuel distributors warn of 'catastrophic' shortages as Putin denies link to hackers The national average for retail gasoline prices was at $2.985 as of Tuesday, which is the highest in seven years  The last time average gas prices were above $2.99 was back in November 2014  Colonial Pipeline has said it is trying to 'substantially' restore operations by the end of the week but reports of gas shortages are already emerging  Fears of a looming shortage have already prompted panic buying with g...

Ralph Northam and Brian Kemp, governors of Virginia and Georgia, declared a state of emergency Tuesday On Monday the governor of North Carolina, Roy Cooper, took a similar step to deal with the fuel crisis The moves are designed to limit the fallout from the Colonial Pipeline hack, which began on Thursday The pipeline was shut from Friday to Monday due to a ransomware attack from Russia-based hackers The 5,500-mile pipeline is being brought back on line but service will not be fully restored until end of week  The national average for retail gasoline was $2.985 on Tuesday - a seven-year high

Colonial Pipeline said Sunday it is developing a system restart plan, and that some smaller lines are now operational. The company said it will "bring our full system back online only when we believe it is safe to do so, and in full compliance with the approval of all federal regulations." 3 scenarios "Timing of the restart is the critical issue," Wells Fargo analyst Roger Read said in a note on Sunday. He outlined three possible date ranges: 1. Fewer than five days: If a partial restart of the pipeline begins by Wednesday, there will be "no significant or lasting impacts." 2. Six to 10 days:...

Colonial Pipeline, targeted by ransomware attack, says service could be ‘substantially’ restored by week’s end Will Englund, Ellen Nakashima, Taylor Telford © Colonial Pipeline/Via Reuters Holding tanks are seen at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, N.J. Some 5,500 miles of Colonial pipeline transports 45 percent of the fuel consumed on the East Coast, reaching 50 million Americans and several major airports. The Colonial fuel pipeline running from Houston to New Jersey could be “substantially” restored to service by the end of the week...