And availability may not be the only issue. Holding tanks are seen in an aerial photograph at Colonial Pipeline's Dorsey Junction Station in Woodbine, Maryland, on May 10, 2021. The pipeline transports roughly 2.5 million barrels per day of gasoline and other fuels from refiners on the Gulf Coast to consumers in the mid-Atlantic and southeastern states. The attack happens amid another round of negotiation between the White House and the legislators on Biden's $2.3 trillion infrastructure package. U.S. West Texas Intermediate futures rose by 70 cents, or 1.1 percent, at $65.60 a barrel, after gaining more than 2 percent last week. Although there's evidence that the actors, ransomware, is in Russia. Brent crude was up by 76 cents, or 1.1 percent, at $69.04 a barrel by 0039 GMT Monday, having risen by l.5 percent last week. (Ted Shaffrey / Associated Press) WBTW-TV The South was being hit hardest. And TC Energy (formerly TransCanada), which runs the $8 billion pipeline, announced plans to cut 1,000 jobs “immediately.”. In Marion, South Carolina, Yasheeka Wiggins said, "It was unbelievable. Colonial Pipeline storage tanks in Woodbridge, N.J., on May 10, 2021. Late Monday night, almost six-and-a … Map: Carol Linnitt / The Narwhal. I have to fill my tank up!'". The states of Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia have all been affected. The move lifted various limits on the transport of fuels by road to ease the fallout from the continuing closure of the Colonial pipeline, which carries almost half the fuel consumed on the U.S. East Coast, following a ransomware cyberattack on Friday. (WDBJ/AAA Release) - AAA forecasts gas prices in Virginia to climb this week in reaction to the shutdown of the Colonial Pipeline, which delivers about … Gas prices in the U.S. are up, and Georgia-based Colonial Pipeline's temporary shutdown due to a cyberattack will likely cause them to climb higher this week. Commerce Secretary Gina Raimondo said the pipeline fix was a top priority for the Biden administration and Washington was working to avoid more … Beijing ICP prepared NO.16065310-3, U.S. declares state of emergency over Colonial pipeline shutdown. The South was being hit hardest. What does U.S. fuel pipeline shutdown reveal about the dangers of cyber ransoms? "I'm going to be meeting with President Putin and so far, there is no evidence based on, from our intelligence people, that Russia is involved. The Dakota Access Pipeline (DAPL) or Bakken pipeline is a 1,172-mile-long (1,886 km) underground oil pipeline in the United States. At this time, our primary focus is the safe and efficient restoration of our service and our efforts to return to normal operation. Brian Bethune, a professor of applied economics at Boston College, said the impact on consumer prices should be short-lived as long as the shutdown does not last for more than a week or two. The pipeline company was forced to pause the line's operations after the hackers accessed its computer systems. The first, a southern leg, has already been completed and … U.S. gasoline futures jumped more than 3 percent to $2.217 a gallon, the highest since May 2018, as trading opened for the week and market participants reacted to the closure. The attack is unlikely to affect gasoline supply and prices unless it leads to a prolonged shutdown of the pipeline, experts said.Colonial Pipeline did … The U.S. government declared a state of emergency on Sunday in response to a ransomware attack that forced Colonial Pipeline to shut a critical fuel network supplying populous eastern states, according to the statement of the U.S. Department of Transportation. Shutdown of the DC system includes normal shutdown and emergency shutdown.. 1. Last year, the average ransom paid in the United States jumped nearly threefold to more than $310,000. North Carolina Governor Roy Cooper declared a state of emergency and suspended some regulations to make sure the state has enough fuel. CHARLOTTE, N.C. (FOX 46) – Three days into the Colonial Pipeline shutdown, and drivers across the Carolinas are concerned. Top U.S. fuel pipeline operator Colonial Pipeline shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyber attack on Friday that involved ransomware. Drivers along parts of the East Coast are feeling the immediate effects of the shutdown of the Colonial Pipeline following a ransomware attack, reports CBS News' Laura Podesta. Israel pounds Gaza with deadly airstrikes amid barrage of rocket fire, At least 9 killed in shooting at Russian high school, Emergency use granted for Pfizer vaccine for kids aged 12-15, Large companies "rigged" CEO pay during pandemic, study claims, Drivers scramble for gas as pipeline shutdown continues, McCarthy sets vote to remove Cheney from House GOP leadership, Senate committee to hold markup on voting and elections bill, Baffert claims Kentucky Derby winner is "cancel culture" victim, 95-year-old becomes oldest organ donor in U.S. history, Gas stations running low after cyberattack. The pipeline project will invest US$8.0 billion into the North American economy, and meet critical needs for transportation fuel and useful manufactured products. "If this outrage goes past the end of the week … prices could spike pretty dramatically," said Kevin Book of Clearview Energy Partners. At the same time, we ended the wars in the Middle … Line at Florence, South Carolina gas station on May 10, 2021 in wake of shutdown of Colonial Pipeline. Smith said he drives from Gastonia to Charlotte about three […] Construction on the long disputed Keystone XL oil pipeline has been halted as U.S. President Joe Biden revoked its permit Adam Kinzinger, a Republican congressman from Illinois, said in a CBS interview that the attack on the Colonial pipeline underscored the importance of investing in critical infrastructure and energy projects. Colonial Pipeline did not say what was demanded or who made the demand. Colonial Pipeline is taking steps to understand and resolve this issue. A court decision in Michigan could have major implications for the energy security of Ontario and Quebec. Prices were already edging up before the cyberattack, due to growing consumer demand and resurgent economic growth. Shutting down Line 5 has serious implications, for residents of Ontario and Quebec, as [Read more] Copyright © 2021 CBS Interactive Inc. All rights reserved. (Bloomberg) --Joe Biden’s move to block the $9 billion Keystone XL project is the clearest sign yet that constructing a major new pipeline in the U.S. has become an impossible task. In an attempt to stave off potential fuel price spikes, the FMCSA issued temporary HOS exemptions for … The Colonial Pipeline delivers almost half of the East Coast's fuel supply, including the Carolinas. "But it is an indication of how vulnerable our infrastructure is to these kinds of cyberattacks," he said. Copyright © 2020 CGTN. Over the last week, the national average for a regular gallon of gas has risen 6 cents to $2.96, according to AAA. Line at Florence, South Carolina gas station on May 10, 2021 in wake of shutdown of Colonial Pipeline. During this process, the capacitor and AC filter banks are switched off with a decrease in the transmitted DC power so as to achieve reactive power balance. Colonial Pipeline map /Reuters. In December 2020, a hacking company breached software made by SolarWinds Corp, giving hackers access to thousands of companies and government offices that used its products. Normal shutdown.The current regulator at the rectifier station reduces DC current at a given rate as required. © 2021 CBS Interactive Inc. All Rights Reserved. In any case, the shutdown of the Houston-to-New-Jersey pipeline system on Friday both exposes the vulnerability of the North American pipeline grid to malevolent hackers and reveals how, by its very nature, that same grid offers at least some degree of redundancy and resiliency built into it. Keystone XL is a 1,210-mile (1,947-km) pipeline that offers a safe, reliable and environmentally responsible way to deliver crude oil to markets in the U.S., strengthening continental energy security. (WLBT) - Friday, hackers launched a cyber attack on the largest fuel pipeline in the U.S. Agencies compromised in the operation include the U.S. Treasury, Justice and Commerce departments and other agencies. The attack is one of the most disruptive digital ransom schemes reported and has prompted calls from American lawmakers to strengthen the protection of critical U.S. energy infrastructure against hacking attacks. This process is already underway, and we are working diligently to address this matter and to minimize disruption to our customers and those who rely on Colonial Pipeline. The Pipeline and Hazardous Materials Safety Administration, the branch of the Department of Transportation that investigates pipeline accidents and clears them for restarts after shutdown… The average downtime for victims of ransomware attacks is 21 days, according to the firm Coveware, which helps victims respond. President Joe Biden was briefed on the cyberattack on Saturday morning, the White House said, adding that the government was working to try to help the company restore operations and prevent supply disruptions. In the last four years we became energy independent for the first time since 1957, because of fracking and pipelines. After Schwab completed his report, a ship dragged an anchor across the pipelines; it didn’t break them but did scrape away coating that prevents corrosion. Pipelines are the most efficient and environmentally sound way to transport the fuel we all need to live and work. The shutdown of the 5,500-mile pipeline was a troubling sign that the nation’s energy infrastructure is vulnerable to cyberattacks from criminal groups or nations. President Biden said Monday he doesn't think the Russian government is to blame. A 2017 map illustrates Line 5's route among the network of Enbridge pipelines called the Lakehead System. Schwab said there’s only one way to get the likelihood of a spill to zero: “Turn off the pipeline.” And that’s exactly what some people want to do. The attack comes after last year's SolarWinds attack, which is considered "the largest and most sophisticated attack the world has ever seen" from a software engineering perspective, according to Microsoft president Brad Smith. The pipeline delivers roughly 45% of all fuel consumed on the East Coast. The company said Monday a portion of the pipeline is back online under manual control. The Keystone XL extension actually comprises two segments. The 5,500 mile pipeline delivers roughly 45% of the fuels used on the East Coast. Colonial Pipeline, which says it delivers about 45 percent of the East Coast's fuel supply, shut down its entire pipeline network and some of its IT systems Friday. Last week, a Michigan judge ordered the temporary shutdown of Enbridge’s Line 5 oil pipeline that runs from Superior, Wisconsin to refineries in Sarnia, Ontario. The FBI says a group of Russian cyber criminals who call themselves DarkSide is behind the disruption. Technology; Colonial Pipeline shutdown shows power of cybercrimes. Leaders of the Bad River Band of Lake Superior Chippewa, whose reservation on the south shore of Lake Superior is crossed by Line 5, say the pipeline should be decommissioned and its contents diverted through other routes. Some waited an hour or more on lines at gas stations before filling up or learning the pumps had run dry. Man who allegedly fled from police with tiger taken into custody, Drivers start scrambling for gas as pipeline shutdown continues, Bob Baffert claims Kentucky Derby winner is victim of "cancel culture", McCarthy sets vote to remove Cheney from House Republican leadership. It said more than 1% of stations in North Carolina and Florida had no gas. The company said the ransomware attack Friday affected some of its information technology systems and that the company moved "proactively" to take certain systems offline, halting pipeline operations. Commerce Secretary Gina Raimondo said the pipeline fix was a top priority for the Biden administration and Washington was working to avoid more severe fuel supply disruptions by helping Colonial restart its more than 8,850-kilometer pipeline network as quickly as possible. Colonial Pipeline shutdown could have impact on Mississippi gas prices By David Kenney | May 10, 2021 at 6:27 PM CDT - Updated May 10 at 6:44 PM COLLINS, Miss. But Colonial Pipeline's website was down on Tuesday morning. Should that trend continue, an increase of 3 more cents would bring the average to $2.99, which would be the priciest gas since November 2014, the auto club said. Get browser notifications for breaking news, live events, and exclusive reporting. CBS Florence, South Caroline affiliate WBTW-TV reported, Colonial Pipeline's website was down on Tuesday morning, California Privacy/Information We Collect. CBS Florence, South Caroline affiliate WBTW-TV reported lines at stations from Marion and Mullins to Myrtle Beach. "It's very difficult to pin the exact amount prices may rise, but for now, it appears to be a few cents per gallon, possibly growing more significant if the pipeline remains shut down for more than 2-3 more days," GasBuddy said in a blog post on Monday. They have some responsibility to deal with this.". Around the nation, gas prices ranged from a high of $4.10 in California to a low of $2.61 in Mississippi, according to AAA. I've seen all these cars waiting and I was like, 'OMG. First published on May 11, 2021 / 6:49 AM. That’s why I am working part-time,” commuter Thomas Smith said. When I was driving today, I thought it was a catastrophe coming! The attack is one of the most disruptive digital ransom schemes reported and has prompted calls from American lawmakers to strengthen the protection of critical U.S. energy infrastructure against hacking attacks. Biden interior pick on Dakota Access Pipeline shutdown: 'If something shuts down, then jobs can be lost' Haaland said she would be 'more than dedicated to … Major airlines including American, Delta, United and Southwest reported no significant impact as of Monday night. They insist there's no significant shortage yet. U.S. officials and Colonial Pipeline say they hope to get fuel flowing fully again later this week. It also serves some of the country's transport hubs, including its busiest airport, Hartsfield-Jackson in Atlanta. Late Monday night, almost six-and-a-half percent of gas stations in Virginia were out of fuel, according to travel app GasBuddy. Keystone XL pipeline halted as Biden revokes permit. Switzerland-based Ineos, which took over Forties from BP in 2017, was obliged in April to abandon plans for a three-week shutdown of the pipeline intended to ensure its reliability out to 2040, after pressure for a postponement from upstream oil companies worried about the risks of COVID-19 infection and keen to avoid an interruption in output. The pipeline shutdown comes amid growing concerns over vulnerabilities in the country's infrastructure after several recent cyberattacks, including last year's attack on the software company SolarWinds that hit several U.S. government agencies, including the Pentagon, the Treasury Department, the State Department and the Department of Homeland Security, as reported by NPR. “I hope gas prices don’t go up because I am retired. Oil shortages could follow key pipeline shutdown in Michigan, Enbridge warns By Robert Tuttle and Kait Bolongaro on 3/17/2021 Enbridge says Michigan's efforts to shut the Line 5 pipeline … “We got lucky, very lucky,” he said. I’m on a fixed income. "This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel, and other refined petroleum products and provides necessary relief," the Department of Transportation said. A shutdown means you'll likely pay more on your next fill-up. 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