Massive replenishment begins to ease US fuel shortages | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Monday
June 05, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
MONDAY, JUNE 05, 2023
Massive replenishment begins to ease US fuel shortages

World+Biz

Reuters
15 May, 2021, 04:10 pm
Last modified: 15 May, 2021, 04:14 pm

Related News

  • 6 US congressmen allege human rights violation by Bangladesh govt, call on Biden to take action
  • Backlash against weaponised dollar is growing across the world
  • China seeks dialogue, says clash with US would be 'unbearable disaster'
  • US blocks ex-Haitian PM Lamothe from entering country, citing corruption
  • US seeks to mend frayed Saudi ties with second high-level trip

Massive replenishment begins to ease US fuel shortages

The six-day Colonial Pipeline shutdown was the most disruptive cyberattack on record. Widespread panic buying continued days after the pipeline network restarted, leaving filling stations across the US Southeast out of gas

Reuters
15 May, 2021, 04:10 pm
Last modified: 15 May, 2021, 04:14 pm
Holding tanks are seen at Colonial Pipeline's Charlotte Tank Farm in Charlotte, North Carolina, U.S. an undated photograph. Colonial Pipeline/Handout via REUTERS
Holding tanks are seen at Colonial Pipeline's Charlotte Tank Farm in Charlotte, North Carolina, U.S. an undated photograph. Colonial Pipeline/Handout via REUTERS

Motorists in southeast US states on Saturday continued to hunt for fuel as a massive replenishment effort took hold, helping ease shortages from a cyberattack that cut supplies from Florida to New Jersey.

The six-day Colonial Pipeline shutdown was the most disruptive cyberattack on record. Widespread panic buying continued days after the pipeline network restarted, leaving filling stations across the US Southeast out of gas. 

More than 14,000 gas stations surveyed by fuel tracking app GasBuddy were experiencing outages, down from a peak of 16,200 early on Friday. The nationwide average for a gallon of regular unleaded was $3.04, from $2.95 a week ago, according to AAA.

An effort that involved ships under emergency waivers moving fuel from US Gulf Coast refiners to the northeast and 18-wheel tanker trunks ferrying gasoline from Alabama to Virginia helped to stem the losses.

In Washington, D.C., Dennis Li was stuck on Friday at a Sunoco gas station that was out of fuel. He had tried to find gas at four stations during the day, with no luck.

"I'm running on empty to the point where I don't want to drive anymore," said Li, who is from Annapolis, Maryland.

Nicholas Swann had driven from his home in Washington to Bethesda to get gasoline, where the wait was 15 minutes.

"We were originally going to drive out to the beach this weekend but we don't know if we will, because I can't make it there and back on one tank of gas," Swann said.

Initial Breach Unknown

The hacking group blamed for the attack, DarkSide, said it had hacked four other companies including a Toshiba subsidiary in Germany.

Colonial Pipeline has not determined how the initial breach occurred, a spokeswoman said this week. The 5,500-mile pipeline carries 100 million gallons of gasoline, diesel and jet fuel per day from Texas refineries to East Coast markets.

Colonial has not disclosed how much money the hackers were seeking or whether it paid. Bloomberg News and the New York Times reported that it paid nearly $5 million to hackers.

Steve Boyd, a senior managing director at fuel delivery firm Sun Coast Resources, estimated that with gasoline moving on the pipeline at half Colonial's normal speed, it could take 12 to 20 days for new deliveries to reach the northern-most point in Linden, New Jersey.

Sun Coast has 75 trucks taking supplies from terminals in Alabama and Georgia to retailers as far away as Virginia.

"If customers need us for another week or three weeks, we'll be there," said Boyd.

Colonial fuel pipeline / Colonial Pipeline / US / US fuel shortages / ease

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • An anatomy of power crisis
    An anatomy of power crisis
  • Photo: PID
    Fuel deals signed with Qatar and Oman, steps taken to buy coal: PM
  • FILE PHOTO: General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah
    Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024

MOST VIEWED

  • Police detain a man with the scripts of Chong Mui Ngam's "May 35", a term used by Chinese internet users to get around censorship of posts about the 1989 Tiananmen Square crackdown, near where the candlelight vigil is usually held, in Hong Kong, China June 4, 2023. REUTERS/Tyrone Siu
    United Nations 'alarmed' by Hong Kong June 4 detentions
  • Photo: Collected
    Bangladeshi family survives deadly Odisha rail crash, expresses gratefulness to strangers who helped
  • FILE PHOTO: US Navy guided-missile destroyer USS Chung-Hoon sails alongside the Royal Canadian Navy frigate HMCS Montreal during Surface Action Group operations as a part of exercise “Noble Wolverine" in the South China Sea May 30, 2023. US Navy/Naval Air Crewman (Helicopter) 1st Class Dalton Cooper/Handout via REUTERS
    Chinese warship passed in 'unsafe manner' near US destroyer in Taiwan Strait, military officials say
  • REUTERS/Adnan Abidi
    India rescue work ends as focus turns to cause of worst train crash in decades
  • Israeli Prime Minister Benjamin Netanyahu speaks during a news conference with Italian Prime Minister Giorgia Meloni after their meeting at Palazzo Chigi, in Rome, Italy, March 10, 2023. REUTERS/Guglielmo Mangiapane
    Netanyahu convenes Iran war drill, scorns UN nuclear watchdog
  • Photo: DW
    Zelenskiy says Russia is evading sanctions on weapons

Related News

  • 6 US congressmen allege human rights violation by Bangladesh govt, call on Biden to take action
  • Backlash against weaponised dollar is growing across the world
  • China seeks dialogue, says clash with US would be 'unbearable disaster'
  • US blocks ex-Haitian PM Lamothe from entering country, citing corruption
  • US seeks to mend frayed Saudi ties with second high-level trip

Features

GarbageMan, launched in 2017, offers a modern, scientific and efficient approach towards waste management. Photo: Courtesy

Beating plastic pollution: Local startups build businesses around waste

1h | Panorama
New battleground of global powers

New battleground of global powers

16h | Panorama
Understanding the Indo-Pacific: A case of two rivalries

Understanding the Indo-Pacific: A case of two rivalries

16h | Panorama
US and its allies in the Ind-Pacific

US and its allies in the Ind-Pacific

16h | Panorama

More Videos from TBS

The fitness industry of Bangladesh tries to reshape from corona effect

The fitness industry of Bangladesh tries to reshape from corona effect

13h | TBS Stories
Ukraine ready to launch counteroffensive

Ukraine ready to launch counteroffensive

17h | TBS World
Mughal Emperor Shah Jahan's food on the streets of Dhaka

Mughal Emperor Shah Jahan's food on the streets of Dhaka

22h | TBS Food
This time Kawali was organized by open library

This time Kawali was organized by open library

1d | TBS Entertainment

Most Read

1
bKash denied permission to pay $4.10 lakh for Argentina football partnership
Banking

bKash denied permission to pay $4.10 lakh for Argentina football partnership

2
Boeing offers Biman its latest 787-10 Dreamliner
Bangladesh

Boeing offers Biman its latest 787-10 Dreamliner

3
Photo: Noor-A-Alam/TBS
Splash

The Night Dhaka did NOT vibe with Anuv Jain

4
Country's first floating solar power plant connected to national grid
Energy

Country's first floating solar power plant connected to national grid

5
File Photo: Mohammad Minhaj Uddin/TBS
Bangladesh

Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers

6
Photo: TBS
Environment

Green space in Dhaka North declines 66% in 3 decades: Study

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]