Complete Story
 

05/12/2021

Gas Prices Top $3

What you need to know about the Colonial Pipeline cyberattack

Gas prices jumped just above $3 a gallon Wednesday, and many gas stations in the Southeast were out of fuel as panicking motorists rushed to fill up in the wake of the cyberattack on a crucial regional pipeline. The national average price for gas is up 8 cents from the week ago to $3.01, according to the latest figures from AAA. That marks the first time national prices have topped $3 since 2014.

Operators of the Colonial Pipeline, a major system that delivers fuel across the East Coast, had to shut it down Saturday following a ransomware attack.

Following the shutdown, motorists have flocked to stations to top off their tanks, fearing shortages, even though pipeline officials have said they expect to "substantially" restore service by the end of the week, likely limiting most of the fallout.

Please select this link to read the complete article from Yahoo! News.

Printer-Friendly Version