Colonial Pipeline Resumes Operations – Gas Stations Still Short

After a cyberattack caused the nation’s largest pipeline to shut down over 5,500 miles of distribution infrastructure, Colonial Pipeline (CPL) is back up and has resumed normal operations. The company was forced to shut down the pipeline on Friday, May 7th, and, after of week of restoring capacity, is now delivering millions of gallons of […]

Colonial Aims to Open by End of Week

The Colonial Pipeline cyberattack has been a dominant headline in news reports this week, yet oil prices seem strangely calm. Although prices have certainly risen in the Southeast, where supply outages are beginning to pop up in gasoline markets, the impact on other markets has been minimal. After an initial panic that sent NYMEX gasoline […]

Colonial Pipeline Hit by Cyberattack – Detailed Report

The Colonial Pipeline, which supplies fuel to markets throughout the East Coast, reported on Friday, May 7 that it experienced a “network outage” requiring it to shut down operations. Over the weekend, the company confirmed that the outage was the result of a cyberattack, which investigators say stemmed from a rogue group of hackers known […]

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