Two weeks after the pipeline was disrupted due to the hack, gasoline shortages in the Southeast have been rectified, but some drivers are still finding it difficult to find gas.
Illustration. https://tinhtexaydung.petrotimes.vn According to GasBuddy, about 30% of all retail gas stations in North Carolina, South Carolina and George are out of gas. Virginia and Tennessee are also experiencing significant blackouts. Colonial Pipeline’s main pipeline transporting gasoline and diesel to the US East Coast has been shut down, following a ransomware attack earlier this month. More than a thousand fuel stations in the Southeast have run out of petrol and diesel due to panic buying and pipeline closures. Even people in Texas, in the Rio Grande Valley, are flocking to gas stations to fill up with fuel, when news of gas stations running out of fuel. Colonial Pipeline paid almost $5 million in ransom in the form of a cryptocurrency to the hackers. But 2 weeks after shutting down, some gas stations are still shutting down. In Georgia, according to AAA data, the average price of a gallon of regular retail gasoline was $2,944 as of May 20, up from $2,708 a month before the pipeline failure. In North Carolina, the average price for gasoline is $2,929 per gallon, compared with $2,627 a month ago. According to Reuters, U.S. gasoline consumption is nearing pre-pandemic levels and is now down just 4% in the four weeks since May 14 from the five-year pre-pandemic average. https://tinhtexaydung.petrotimes.vn
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