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U.S. gas prices rise after ransomware attack on pipeline


U.S gas prices rise after ransomware attack on pipeline
Kate Gibson
© MIKE BLAKE / REUTERS
FILE PHOTO: The price of gasoline is shown on a gas pump at an Arco gas station in San Diego
Already rising ahead of the summer travel season, U.S. gasoline prices could soon approach $3 a gallon depending on how long a major pipeline remains out of commission after a ransomware attack. 
AAA forecasts gas prices to climb this week in reaction to the shutdown, the auto club said on Monday. 
Prices have been edging up before the cyberattack on growing consumer demand and resurgent economic growth. Over the last week, the national average for a regular gallon of gas has risen 6 cents to $2.96, according to AAA. Should that trend continue, an increase of 3 more cents would bring the average to $2.99, making for the priciest gas since November 2014, it said. ....

New York , United States , White House , District Of Columbia , San Diego , Jeanette Mcgee , Robin Hood , Colonial Pipeline Company , Department Of Transportation , Clearview Energy Partners , Gulf Coast , East Coast , Height Securities , Jones Act , Clearview Energy , Patrick De Haan , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , சான் டியாகோ , ஜீனெட் மகீ , ராபின் ஹூட் , காலனித்துவ குழாய் நிறுவனம் , துறை ஆஃப் போக்குவரத்து , தெளிவான பார்வை ஆற்றல் கூட்டாளர்கள் ,

Ransomware attack on pipeline pushes up U.S. gas prices to nearly $3 a gallon


Ransomware attack on pipeline pushes up U.S. gas prices to nearly $3 a gallon
By Kate Gibson
FBI identifies oil pipeline cyberattack hackers
Already rising ahead of the summer travel season, U.S. gasoline prices could soon approach $3 a gallon depending on how long a major pipeline remains out of commission after a ransomware attack. 
AAA forecasts gas prices to climb this week in reaction to the shutdown, the auto club said on Monday. 
Prices have been edging up before the cyberattack on growing consumer demand and resurgent economic growth. Over the last week, the national average for a regular gallon of gas has risen 6 cents to $2.96, according to AAA. Should that trend continue, an increase of 3 more cents would bring the average to $2.99, making for the priciest gas since November 2014, it said. ....

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White House Backs Nuclear Power Subsidies, Despite Green Qualms


“A bailout for existing reactors is wrong for the climate and wrong for consumers,” said Lukas Ross, program manager at Friends of the Earth, a progressive environmental group based in Washington. “Congress and the Biden administration should not throw good money after bad investments.”
A tax credit for nuclear plants could be a boon for nuclear operators such as Southern Co. and Exelon Corp., as well as for uranium miners like Lakewood, Colorado-based Energy Fuels, Inc. It has been endorsed by both congressional Republicans, as well as the Trump administration, which sought ways to help the nuclear industry.
Backers include the Nuclear Energy Institute, which has for years sought a tax credit for nuclear, and last year said a 30% investment tax credit was needed to help the industry weather “severe financial strain” wrought by the pandemic. ....

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Watch Live: Biden Unveils Plan To Slash US Greenhouse Gas Emissions By 50% During Global Climate Summit


Watch Live: Biden Unveils Plan To Slash US Greenhouse Gas Emissions By 50% During Global Climate Summit
by Tyler Durden
Thursday, Apr 22, 2021 - 07:40 AM
Update (0830ET): President Biden and VP Harris kicked off the Leaders Summit on Climate Thursday with welcoming remarks, calling on the world leaders to take action to combat climate change collectively as he announced his aggressive new goal on greenhouse gas emissions, which we noted below.
Following opening remarks, UN Secretary-General Antonio Guterres called on countries, especially major emitters, to submit new and more ambitious plans laying out actions and policies that will align the next 10 years with a 2050 net-zero pathway. ....

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