The company that operates the biggest gasoline conduit to the East Coast said on Sunday it had no estimate on when it could restart the 5,500-mile pipeline that it shut Friday after a cyberattack, boosting fuel prices in jittery financial markets to their highest level in three years.
Any sustained outage could threaten to push up retail gasoline and diesel prices at the pump just weeks before the start of the summer high-demand driving season. Prices for wholesale gasoline in the financial futures market jumped as much as 4 percent in Sunday evening trading to their highest level since 2018, hitting nearly $2.22 per gallon.
The White House has so far not publicly commented on the situation, but the Department of Transportation issued waivers on Sunday allowing drivers of fuel trucks in 17 states along the pipeline's route to work beyond the normal 11-hour driving limit per day because of the shutdown. "It's an all hands on deck effort right now,” Commerce Secretary Gina Raimondo said of the government's response during a Sunday television interview. “And we are working closely with the company, state and local officials to, you know, make sure that they get back up to normal operations as quickly as possible and there aren't disruptions in supply.
US intelligence agencies said a Russian group called Dark Side hacked the system with Ransomware. Biden MUST CALL PUTIN IMMEDIATELY AND TELL HIM BLUNTLY TO ARREST/END THIS GROUP OR US WILL RETALIATE AGAINST RUSSIAN TARGETS.
This is nothing more than a scam by Colonial Pipeline and BIG oil in order to raise fuel costs ahead of the Memorial Day weekend and the unofficial start of summer on the East Coast. In the 70’s the cohort was OPEC. Now it’s cyber criminals. It’s easy when IT is offshore.
Biden needs to issue an ultimatum to all the crypto currencies: Either consent to make all ransom payments fully traceable, or the Executive enacts a national security order banning all crypto usage or trading in the U.S. (death blow) Cryptos: Pick your poison.
This is somehow linked to Biden. You know it is!
The attack has already failed. To succeed, the ransom demand must be small enough and the deadline close enough that the payor has no time to think and no hesitancy to pay.
Cyber security is infrastructure. Stop whining and get it fixed.
Perfect. The enviros and Dems don’t like pipelines anyway. Let the East experiment with this.
14th months ago .. Trump: we have tons of oil 🤪
I think it might be smart to go offline on vital infrastructure
The Biden regime is furious, that it didn’t shut down the pipeline.
Biden’s wet dream. Just the start in the war against carbon fuel.
You really think George Bush supported Joe Biden because he was against the Republicans no he Supported him because Trump kept the gas prices very low and The Joe Biden administracion has raise the gas prices almost $1
NEED TO BAN CRYPTO 🤷♂️
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