Pipeline hack fuels gas crunch; US suspects Russian origins

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Colonial Pipeline says it is making “substantial progress” in resolving the computer hack-induced shutdown responsible for tapped-out service stations around the country, but it will take several days for things to return to normal.

Vehicles wait in lines at the Costco in Raleigh, N.C., Thursday, May 13, 2021. Operators of the Colonial Pipeline say they began the process of moving fuel through the pipeline again on Wednesday, six days after it was shut down because of a cyberattack.

President Joe Biden said Thursday that U.S. officials do not believe the Russian government was involved in the hack of the Colonial Pipeline, which stretches from Texas to New Jersey. But he added, “We do have strong reason to believe that the criminals who did the attack are living in Russia. That’s where it came from.”A cyberattack by hackers who lock up computer systems and demand a ransom to release them hit the pipeline on Friday.

The Northeast has seen fewer shortages since those states get more of their gas supplies from ocean tankers and other sources. The Colonial Pipeline delivers about 45% of the gasoline consumed on the East Coast, but there were no gasoline shortages, according to government officials and energy analysts, just delays in delivering the fuel from Gulf Coast refineries.

In Virginia, however, the pipeline shutdown still produced palpable effects Thursday. Stephen Brich, the Virginia Department of Transportation highways commissioner, said the agency is limiting nonessential travel and asking its employees to continue working remotely as a conservation strategy. The decision impacts about 4,000 workers.

“There is available fuel supply in and around our state, and it will take time for tankers to move that supply to the stations that are experiencing shortages,” North Carolina Gov. Roy Cooper said. He reiterated calls for residents not to make any unnecessary trips to the pump, and at least five school systems in the state announced they would temporarily shift to remote learning due to the scarce fuel.

 

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Shutting down the Keystone Pipeline was a bad idea that possibly gave hackers an idea to strike.

JimLaPorta Sounds like Texas...

JimLaPorta Meanwhile we will be raising prices to compensate...

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