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Colonial Pipeline

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Memorial Day Weekend Gas Prices Will Be Highest In Years Memorial Day Weekend Gas Prices Will Be Highest In Years
Memorial Day Weekend Gas Prices Will Be Highest In Years With millions of Americans set to hit the road for the Memorial Day holiday, prices are peaking at the pump at the wrong time. Drivers are set to pay the highest prices in seven years, according to AAA, following a gas shortage that impacted the East Coast when the Colonial Pipeline was temporarily shut down due to a cyberattack. Nationally, the average price of gas as of Wednesday, May 26 hit $3.04 per gallon, down one cent from a week ago, but up from $2.89 a month ago. A year earlier, the average price was $1.96 per gallon. According to AAA, the national average has stabilized followin…

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by Zak Failla
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NY AG Issues Alert For Possible Gasoline Price Gouging NY AG Issues Alert For Possible Gasoline Price Gouging
NY AG Issues Alert For Possible Gasoline Price Gouging With prices at the pump already on the rise, New York Attorney General Letitia James is cautioning about potential gasoline price gouging in the wake of the cyberattack on the Colonial Pipeline. James issued an alert concerning price gougers following the shutdown of the Colonial Pipeline, which serves the eastern half of the country and was forced to temporarily shut down several pipelines after being attacked. According to James, after the hack on a computer system used to control the Colonial Pipeline, consumers on the East Coast have reportedly engaged in panic-buying of fuel, with some…

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by Zak Failla
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NY Sees Gas-Price Rise, But No Shortages After Pipeline Cyberattack NY Sees Gas-Price Rise, But No Shortages After Pipeline Cyberattack
NY Sees Gas-Price Rise, But No Shortages After Pipeline Cyberattack Gas prices in New York continue to increase, though there has been no statewide gas shortage following the temporary shutdown of the Colonial Pipeline due to a cyberattack. Statewide, prices at the pump have soared six cents in the past week, from $2.99 to $3.05 a gallon, though it is still behind the national average, which has topped $3 and hit $3.04 as of Friday, May 14. A month ago, the average price per gallon in New York was at $2.89 and a year ago it was sitting at $2.16. New York was largely spared any dramatic impact from the pipeline shutdown, which travels from the south and en…

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by Zak Failla
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Gas Prices On Rise After Pipeline Cyberattack Sparking Concerns Of Rise Well Above $3 A Gallon Gas Prices On Rise After Pipeline Cyberattack Sparking Concerns Of Rise Well Above $3 A Gallon
Gas Prices On Rise After Pipeline Cyberattack Sparking Concerns Of Rise Well Above $3 A Gallon With gas prices already on the rise, a major pipeline cyberattack has sparked concerns they could spike well above $3 a gallon. Colonial Pipeline was forced to take four lines offline due to a cyberattack that was reported on Friday, May 7, leaving less fuel for the Eastern seaboard, and causing prices to rise in some places. Earlier story - Largest East Coast Fuel Pipeline Shuts Down Operations After Cyberattack As of Tuesday, May 11, the average price per gallon is $2.98, up six cents over a week and marking the most expensive national average since November 2014, according to AAA, …

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by Zak Failla