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Gasoline futures that initially surged as much as 4.2% earlier this week have since declined. The premium for wholesale gasoline in the New York area expanded to its widest in three months. The national average retail gasoline price rose to $2.967 a gallon on Monday, a 2.4% increase from Friday, according to AAA. with refiners scrambling for ships to store fuel that has nowhere to go.Įmergency shipments of gasoline and diesel from Texas are already on the way to Atlanta and other southeastern cities via trucks, and at least two Gulf Coast refineries began trimming output amid expectations that supplies will begin backing up in the nation’s oil-refining nexus. Oil tanker charter rates skyrocketed in the U.S. The shutdown has prompted frenzied moves by traders and retailers to secure alternative supplies. military installations and 26 oil refineries, the person said. In an 18-minute virtual meeting, Blount said Colonial is working with refiners, marketers and retailers to prevent shortages, according to a person involved with the meeting who wasn’t authorized to speak publicly about the discussion. Airlines flying out of Philadelphia International Airport are burning through jet-fuel reserves and the airport has enough to last “a couple of weeks,’ a spokeswoman said. to add additional stops to two long-haul flights originating from Charlotte, North Carolina. Shortages are also hitting the aviation industry, forcing American Airlines Group Inc.

Ran world gs retrieving data drivers#

Drivers pulling into a station with a sign offering unleaded gasoline for $2.649 per gallon in Manning, South Carolina, were met with pumps covered in yellow and red “out of service” bags. In Asheville, North Carolina, Aubrey Clements, a clerk at an Exxon Mobil station answered the phone with “Hello, I’m currently out of gas.” The Marathon gas station in Elizabethtown, North Carolina, had roughly two dozen cars waiting to fuel up, said an employee there. East Coast is losing around 1.2 million barrels a day of gasoline supply due to the disruption, according to a note from industry consultant FGE. Depending on the duration of the disruption, retail prices could spike, further stoking fears of inflation as commodity prices rally worldwide. Americans are once again commuting to the office and booking flights after a year of restrictions. The dwindling supplies come just as the nation’s energy industry was preparing to meet stronger fuel demand from summer travel.

Ran world gs retrieving data software#

While President Joe Biden stopped short of blaming the Kremlin for the attack, he said “there is evidence” the hackers or the software they used are “in Russia.”Ĭolonial Chief Executive Officer Joe Blount and a top lieutenant assured Deputy Energy Secretary David Turk and state-level officials that the company has complete operational control of the pipeline and won’t restart shipments until the ransomware has been neutralized. On Monday, the Federal Bureau of Investigation pointed the finger at a ransomware gang known as DarkSide.

The Colonial pipeline has been shut down since late Friday. said it’s manually operating a segment of the pipeline running from North Carolina to Maryland and expects to substantially restore all service by the weekend. The White House said in a statement it is monitoring the situation and directing government agencies to help alleviate any shortages.

An estimated 7% of gas stations in Virginia were out of fuel as of late Monday, according to GasBuddy analyst Patrick DeHaan. East Coast are beginning to run out of fuel as North America’s biggest petroleum pipeline races to recover from a paralyzing cyberattack that has kept it shut for days.įrom Virginia to Florida and Alabama, stations are reporting that they’ve sold out of gasoline as supplies in the region dwindle and panic buying sets in. (Bloomberg) - Gas stations along the U.S.