AAA on pipeline attack: gas price hikes, fuel shortages possible for these states
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The national average for gas prices jumped 6 cents on the week to $2.96 and is poised to rise even higher in some areas due to Friday's cyberattack against Colonial Pipeline Co., according to the American Automobile Association. .COLONIAL PIPELINE ATTACK: CLOCK TICKS FOR GAS SUPPLY.Colonial Pipeline operates a 5,500-mile system taking fuel from the refineries of the Gulf Coast to the New York metro area. .These states may see prices increase 3 to 7 cents this week.".
COLONIAL PIPELINE HACK: KNOWNS AND UNKNOWNS ABOUT THE ATTACK.An increase of three more cents would make the national average the most expensive since November 2014, when average gas prices were $2.99 and higher. .If the trend continues, an increase of three more cents would make the national average the most expensive since November 2014 (Source: AAA).
CRUDE OIL PRICES RISE AFTER COLONIAL PIPELINE CYBERATTACK.Colonial Pipeline said in its latest update on Sunday that it was developing a system restart plan.Market Data provided by Interactive Data (Terms & Conditions)
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