Colonial Pipeline restarts operations following hacking shutdown

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'Following this restart, it will take several days for the product delivery supply chain to return to normal,' the company said in a statement.

The company has begun to restore its fuel lines following a multi-day shutdown in the wake of a ransomware cyberattack and massive supply shortages.The Colonial Pipeline has been restarted following a multiday shutdown in theThe company restarted operations at about 5 p.m. ET."Following this restart, it will take several days for the product delivery supply chain to return to normal," the company said in a statement.

Energy Secretary Jennifer Granholm said she had spoken to the company's CEO just prior to them restarting operations. Colonial Pipeline transports approximately 45% of all fuel consumed on the East Coast. The company said Saturday it was the victim of a cyberattack involving ransomware, and had temporarily halted all pipeline operations as a result.Holding tanks are seen in an aerial photograph at Colonial Pipeline's Dorsey Junction Station in Woodbine, Md. May 10, 2021.

"Tonight’s announcement means there’s an end in sight for the supply disruptions that have affected States across the Southeast," the White House said in a statement late Wednesday night."President Biden and the White House will monitor the situation closely in the coming days, and continue to urge Americans to just purchase what they need, and not hoard fuel, as supply is restored."$3 a gallon on Wednesday as many in the Southeast lined up for hours to fill their tanks.

"The group discussed the latest updates on fuel supply in the affected region, and steps that agencies have taken and are considering to further alleviate the supply shortages," White House press secretary Jen Psaki said in a statement.

 

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