The cyberattack forced the largest US fuel pipeline to shut down Friday, and analysts are worried the disruption could result in a spike in our gas prices.

The Colonial Pipeline system spans more than 5,500 miles and transports about 45% of all fuel consumed on the East Coast. It transports 2.5 million barrels per day of gasoline, diesel, jet fuel and home heating oil.

Colonial Pipeline Company said it was the victim of a cybersecurity attack that involved ransomware.

In an update on Sunday, the company said that its four mainlines remain offline, but some smaller lines between terminals and delivery points are now operational. The pipeline's owners include Royal Dutch Shell (RDSA).

"We are in the process of restoring service to other laterals and will bring our full system back online only when we believe it is safe to do so, and in full compliance with the approval of all federal regulations," it added in a statement.

It's Putin again...responsible for this attack (you know the rump's friend)!!!

Last edited by Spunky (5/10/2021 1:11 pm)