The 5,500-mile pipeline was shut down on Saturday after its operator, Colonial Pipeline, became the victim of a cyberattack. The incident involved
, but the company did not give out further details or say when they would reopen the pipeline, which carries almost half of the East Coast's fuel supply."A prolonged shutdown is likely to send gasoline prices higher, which already trade close to a 7-year high," UBS Global Wealth Managementas demand outstrips dwindling fuel supplies.
If gas prices hit $3 per gallon — their highest price since October 2014 — ahead of Memorial Day, it will be
I don’t think you people understand it’s what they want. They want high gas prices so we don’t go anywhere. If it’s not refinery fires it will now be “hackers” or something else 🙄