GAS stations could run out of fuel starting TODAY after a major US pipeline was hit by a huge cyberattack, according to some experts.
The cyberhack, branded an “act of war” by former House Speaker Newt Gingrich, forced fuel stations along the East Coast to shut up shop due to fuel shortages.
The 5,500 mile Colonial Pipeline, which transports 2.5million barrels of gas per day between Texas and New Jersey, was shut down on Friday evening after a ransomware attack was launched.
The pipeline transports roughly 45 percent of all fuel used on the East Coast.
Patrick DeHaan, head of petroleum analysis at fuel-savings app GasBuddy, told USA Today widespread outages could hit from Tuesday.
“Nobody is out yet, but we’re probably right on the cusp,” he said.
“Today, tomorrow, especially Wednesday, you’re going to see some outages.”
A Russian crime group named “DarkSide” is allegedly behind the ransomware attack that led to the chaos.
DarkSide targets large corporations for ransom by capturing the victim’s confidential data and threatening to leak it if the ransom isn’t paid.
It is not known what the Colonial Pipeline ransom is, if it is being negotiated, or if it has been paid.
HOW MANY STATES ARE SUPPLIED GAS BY THE COLONIAL PIPELINE?
Gas prices are surging in some areas and supplies are running out entirely at some pumps after a cyberattack last week on the Colonial Pipeline.
The Colonial Pipeline supplies 100 million gallons of fuel every day to 18 different states.
It also serves 90 US military installations and 26 oil refineries.
Average retail gas prices in the US have risen to almost $3 per gallon after the pipeline was temporarily shut down in the wake of the attack.
GAS PRICES SURGE AFTER PIPELINE ATTACK
The cyberattack on the Colonial Pipeline has caused gas prices to surge to their highest rate in six years.
Across Virginia, Florida and Alabama, fuel stations are completely selling out of gas.
The governor of North Carolina has also declared a state of emergency over the dwindling supplies.
The company behind the pipeline doesn’t expect to fully restore service until at least the weekend.
MEASURES IN PLACE TO HELP WITH POSSIBLE FUEL SHORTAGE
A few areas in North Carolina have now declared a state of emergency in a bid to minimize disruption after the Colonial Pipeline was temporarily shut down in the wake of a cyberattack.
Motor vehicle fuel regulations have been temporarily suspended to allow for sufficient fuel supplies throughout the state, ABC13 reports.
American Airlines has also confirmed they’re adding additional stops for two long-haul flights out of Charlotte, CNBC reports.
NORTH CAROLINA DECLARES STATE OF EMERGENCY IN LIGHT OF FUEL SHORTAGE
North Carolina has declared a state of emergency as gas stations start to run out of fuel following the Colonial Pipeline ransomware attack.
The hack has forced some fuel stations along the East Coast to close to fuel shortages.
The pipeline transports 2.5million barrels of gas per day between Texas and New Jersey.
It was shut down on Friday evening after a ransomware attack.
FUEL DRIVERS ALLOWED TO WORK EXTRA HOURS IN WAKE OF COLONIAL PIPELINE ATTACK
The United States government relaxed rules on fuel being transported by road on Sunday to try to minimize disruption to gas supply after a hack attack on the Colonial Pipeline.
The relaxation lets drivers in 18 states work extra or more flexible hours when transporting fuel and products.
Despite the move, gas stations across the country were reportedly starting to run out of fuel as of Tuesday May, 11.
FUEL TRANSPORT RULES RELAXED IN WAKE OF PIPELINE ATTACK
The US government relaxed rules on fuel being transported by road on Sunday, May 9.
The relaxation is in response to a cyberattack on the Colonial Pipeline that took place on Friday.
The move is an attempt to minimize disruption to supply of gas after the hack. The supply may dwindle as the pipeline was temporarily shutdown in response to the attack.
‘LIMITED FUEL AVAILABILITY’ LOOMS IN CERTAIN STATES
After a cyberattack on the Colonial Pipeline, gas shortages may be an issue in certain states.
AAA spokesman, Jeanette McGee, said on Tuesday May 11, 2021: “Areas including Mississippi, Tennessee and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases, as early as this week.”
“These states may see prices increase three to seven cents this week.”
PIPELINE ATTACK COMES AFTER TWO OTHER MAJOR ATTACKS ON AMERICAN COMPUTER NETWORKS
The Colonial Pipeline cyberattack on Friday comes after two other recent major attacks on American computer networks.
The Solar Winds hack, believed to have been carried out by Russia, occurred fairly recently.
There was also a hack attempt on Microsoft, believed to be the work of China, in early 2021.
HOW MUCH ARE GAS PRICES UP AFTER THE COLONIAL PIPELINE ATTACK?
The Colonial Pipeline seems to have been targeted in a cyberattack on Friday, May 7.
As a result of the pipeline being subsequently, temporarily closed, gas prices are slightly up.
The national gas price average jumped six cents to $2.96 on May 10, 2021, according to the AAA.
This would see gas at its most expensive since November 2014, when the average prices reached $2.99 and higher.
WHERE IS THERE A GAS SHORTAGE AFTER THE ATTACK?
The Colonial Pipeline is temporarily closed following a cyber attack on Friday, May 7.
The attack caused gas prices to rise as fuel supplies dwindled across the East Coast.
According to the AAA, the national gas price average jumped six cents to $2.96 on May 10, 2021.
HACK ON COLONIAL PIPELINE WAS ‘HIGHLY SOPHISTICATED’
Experts said the attack on the Colonial Pipeline on Friday appears to have been “highly sophisticated.”
The cyberattack highlighted weaknesses in security infrastructure of the pipeline.
The company behind the pipeline said it hired an outside cybersecurity firm to investigate the attack overall.
OUTSIDE FIRM INVESTIGATING CYBERATTACK
The Alpharetta, Georgia-based company behind the Colonial Pipeline said it is hiring an outside cybersecurity firm to investigate the nature and scope of the attack on the Pipeline that was attacked Friday.
Law enforcement and federal agencies were also contacted regarding the hack.
Attacks on critical infrastructure like the pipeline are the responsibility of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency.
HOW MUCH FUEL DOES THE COLONIAL PIPELINE MOVE?
The Colonial Pipeline was impacted be a cyberattack on Friday.
The pipeline regularly transports 2.5million barrels each day – taking refined gasoline, diesel, and jet fuel from the Gulf Coast to major airports and New York Harbor.
It ships a massive amount of fuel supplies on the East Coast — about 45 percent of all fuel there.
WHICH PIPELINE WAS SHUT DOWN?
In a massive cyberattack on Friday, the Colonial Pipeline was hacked and some of the firm’s information technology systems were affected.
The 5,500 mile pipeline carries refined gasoline and jet fuel up the East Coast from Texas to New York.
It ships about 45 percent of all fuel supplies on the East Coast and transports some 2.5million barrels every day.