Latest reports out of the US in the wake of the shutdown of the Continental Pipeline distribution network in the eastern US.
If you have managed to miss this news, background:
- US pipeline cyberattack – Valero Energy charter an oil products tanker for storage in the Gulf Coast
- US government declared a state of emergency over fuel pipeline cyber-attack
- Goldman Sachs on the Colonial Pipeline gasoline network shut down – brief disruption
- Sunday evening US Gasoline futures jump higher after huge US east coast pipeline shutdown
- Weekend – US fuel pipeline operator Colonial Pipeline cyberattack forced shutdown of its fuel network
Authorities are urging motorists not to panic-buy gasoline. But, you know what they say, just don’t be the last to panic.
Meanwhile, the company says progress is being made on restarting their system.