US petrol supplies tighten after Colonial Pipeline hack

Technology

US motorists have been urged to not hoard fuel as supplies tighten due to a major pipeline remaining shut after a cyber-attack.

Some drivers in the south east were seen stocking up as petrol stations began running dry and prices rose.

On Tuesday, the average price for petrol was the highest since November 2014, at $2.98 per gallon, said the American Automobile Association.

North Carolina, Virginia and Florida have declared a state of emergency.

But Jennifer Granholm, US Energy Secretary, said there was no need for motorists to hoard petrol.

Granholm said there was not a shortage but a supply “crunch” in North Carolina, South Carolina, Tennesse, Georgia and southern Virginia, regions that typically rely on Colonial for fuel.

A ransomware cyber-attack on Friday forced Colonial Pipeline to shut down the main part of its network.

The operator has forecast that it will not substantially restore operations of 8,900km (5,500-mile) pipeline network that supplies half of the East Coast’s fuel until the end of the week.

The FBI has accused a criminal gang called DarkSide of the ransomware attack.

DarkSide is believed to be based in Russia or Eastern Europe and avoids targeting computers that use language from former Soviet republics, said cyber experts.

Russia’s embassy in the US rejected speculation that the country’s government was behind the attack.

President Joe Biden a day earlier said there was no evidence so far that Russia was responsible.

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