The Transylvania Times -

Cyberattack Could Impact Gas Prices, Cause Shortages

 

Last updated 5/10/2021 at 4:41pm



A cyberattack on the Colonial Pipeline Company on Friday may increase gas prices and cause shortages in North Carolina and other states.

The U.S. Department of Transportation (DOT) declared a regional state of emergency after the weekend ransomware attack.

The Colonial Pipeline, headquartered in Georgia, operates a 5,500-mile pipeline that delivers 45 percent of all fuel for the East Coast, transporting up to 100 million gallons a day from refineries along the Gulf Coast to New York.

According to AAA, gas prices in the Carolinas have increased significantly on the week of the Colonial P...



For access to this article please sign in or subscribe.

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021