Reports of fuel shortages across the U.S. emerged on Tuesday as the national average for gasoline prices soared to its highest level since 2014 amid a key fuel pipeline shut down, per Bloomberg.
What’s happening: Operator Colonial Pipeline aims to have service restored by the week’s end following last Friday’s ransomware attack that shut down some 5,500 miles of pipeline from Texas to New Jersey. The governors of Florida, Georgia, Virginia and North Carolina declared states of emergency Tuesday due to shortage concerns.
Author(s): Rebecca Falconer
Publication Date: 12 May 2021
Publication Site: Axios