AAA forecasts prices will continue to rise as much of the Colonial Pipeline, which transports about 45% of the East Coast's fuel supply, remains offline.
"AAA forecasts gas prices to climb this week in reaction to the shutdown of the Colonial Pipeline," the road travel organization said in a statement. "The longer the pipeline is offline, the larger the impact on the east coast." "This shutdown will have implications on both gasoline supply and prices, but the impact will vary regionally," said AAA spokesperson Jeanette McGee, noting that Mississippi, Tennessee and the Eastern Seaboard from Georgia into Delaware could experience limited availability and price increases.
EamonJavers 1/ CyberWarfare Types Of Threat : - Espionage - Sabotage - Denial-of-Service Attack DenialOfService DDoS - PowerGrid Attack - Propaganda Warfare
EamonJavers Since the Colonial pipeline is down and the government is 'doing everything' to get it opened, why not open the XL Keystone pipeline?
EamonJavers Putin is flexing his muscles in cyper warfare.
EamonJavers Oh I see. Biden will talk with Putin now about the Hacking? Like Putin has the all the answers to all America problems
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U.S. Southeast braces for fuel price rises after pipeline shutdownThe southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the shutdown of the country's top fuel pipeline network - and demand has already picked up as drivers fill their tanks, industry experts said on Sunday.
Source: Reuters - 🏆 2. / 97 Read more »
Pipeline shutdown could lead to price spikes, shortages — and problems for East Coast airportsPipeline shutdown could lead to price spikes, shortages — and problems for East Coast airports.
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No restart yet for pipeline shut by cyberattack; gasoline prices climbColonial Pipeline said it had no estimate on when it could restart the 5,500-mile pipeline, boosting fuel prices in jittery financial markets to their highest level in three years NEED TO BAN CRYPTO 🤷♂️ 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 Biden’s wet dream. Just the start in the war against carbon fuel.
Source: politico - 🏆 381. / 59 Read more »
Oil falls on easing of pipeline outage fearsOil prices fell on Tuesday as fears of prolonged outage of the largest U.S. fuel pipeline system, Colonial Pipeline, faded, while some U.S. Gulf Coast refiners cut output.
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Pipeline shutdown could lead to price spikes, shortages — and problems for East Coast airportsWhile there seems to be a light at the end of the tunnel for the stricken Colonial Pipeline, as the company said Monday that it expects the outage to be resolved by the end of the week.
Source: YahooNews - 🏆 380. / 59 Read more »
Here’s what the shutdown of the Colonial Pipeline means for gas prices and energy marketsThe operator of the largest fuel pipeline system in the U.S. is aiming to “substantially” restore operational service by the end of the week. It was forced to shutdown a crucial artery to the East Coast following a ransomware attack:
Source: MarketWatch - 🏆 3. / 97 Read more »