Trending

Stories

US Gas Prices Rise Above $3 a Gallon Amid Key Pipeline Shutdown

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

The national average gas prices in the US have increased above $3 a gallon for the first time since 2014 amid the six-day shutdown of a major fuel pipeline following a cybersecurity attack.

On average, Americans on Wednesday paid $3.008 for a gallon of gas, up from $2.985 the previous day and $2.927 one week ago; Xinhua news agency quoted the American Automobile Association (AAA) as saying.

Also Read

The US auto club on Monday had forecasted gas prices to climb this week in reaction to the shutdown of the Colonial Pipeline, which delivers approximately 45 percent of all fuel to the East Coast.

“This shutdown will have implications on both gasoline supply and prices, but the impact will vary regionally,” AAA spokesperson Jeanette McGee said in a statement on Monday.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

“Areas including Mississippi, Tennessee and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases,” McGee said, adding these states may see prices increase three to seven cents this week.

Secretary of Energy Jennifer Granholm on Tuesday urged Americans not to hoard gasoline.

“It’s not that we have a gasoline shortage. It’s that we have this supply crunch. And that things will be back to normal soon,” she said.

On Wednesday evening, Colonial Pipeline announced that the first step in the restart process started at approximately 5 p.m.

“Following this restart, it will take several days for the product delivery supply chain to return to normal.

“Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period,” it added.

However, a growing number of gas stations along the East Coast are without fuel as the panic-buying continued amid concerns over the shortage of gas.

As of Wednesday morning, 28.2 percent of all gas stations in North Carolina, 17.45 percent in Georgia, and 17.09 percent in Virginia were without gasoline, according to the latest data from GasBuddy, which tracks fuel demand, prices, and outages.

The Colonial Pipeline Company temporarily halted all pipeline operations after the cybersecurity attack involving ransomware was detected on May 7.

The Colonial Pipeline is the largest refined-products pipeline in the US, transporting more than 100 million gallons of fuel daily on the East Coast.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly  OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants
Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022 India Approved $320m to Promote Homegrown Payments Network Twitter Roll Out TikTok-like ‘For You’ Timeline on iOS Nothing Phone Enters US with Beta Membership Program Finally! Apple’s VR Headset Coming this Spring