Tuesday, November 5

Colonial Pipeline Cyber ​​Attack Causes Panic Buying: How to Find a Gas Station Amid Shortages


Excess demand for gasoline has left almost 1 out of fuel, 800 gas stations on the east coast of States United due to panic purchases caused by the cyber attack on the Colonial Pipeline pipeline

North Carolina is the state most affected by the gasoline shortage so far.

Photo: Logan Cyrus / AFP / Getty Images

Rubén Rivera

Motorists on the east coast of the United States have rushed to load the gas tank in fear that the closure for the fourth consecutive day of the pipeline operated by the Colonial Pipeline company leave them without fuel for the next few days . On the east coast of the United States panic buying has left at least 1, 800 gas stations without supply of fuel.

The cyberattack received on Friday by The Colonial Pipeline Company is causing an increase in the demand for gasoline. Panic buying is taking place in the face of long lines of motorists at service stations which have caused prices to rise increment between 2 and 10 pennies in a single day

Gasoline supply shortages are affecting more stations every day due to panic buying, according to GasBuddy, a website that tracks prices and Gasoline availability based on real-time fuel prices in more than 100, 04 service stations.

The east coast of the United States recorded an increase of 32. 5% in demand on Monday compared to the previous week and the Gulf Coast recorded an increase in 13.1%. As of Tuesday night the demand for fuel had left almost 1, 800 Alabama State Stations , Georgia, Florida, South Carolina, North Carolina, Maryland and Virginia .

As of this Wednesday North Carolina appears to be the state most affected by the fuel shortage , according to GasBuddy, while the 35% of service stations in Charlotte don’t have gas. In Raleigh, the capital, near the 60% of service stations have no fuel. In Georgia it is estimated that at least the 10% of gas stations are stopped and the 50 percent of stations in the Atlanta metropolitan area are out of gas .

How to find a gas station in the middle of a shortage?

If you are worried about finding a station service and check that you have fuel you can use the GasBuddy app tracker that has been put into operation in the states that have been affected by fuel shortages by downloading the application and entering the zip code and verifying which stations have gasoline.

Related: The price of a gallon of gasoline soars up to $ 3 after the cyberattack on the pipeline operated by Colonial Pipeline

The size of the fuel shortage

The company Colonial Pipeline transports 100 million gallons gasoline, diesel, jet fuel, heating oil which represents almost half of the fuel used by the area from New York to the Texas Gulf Coast.

The largest oil pipeline in the country has been out of operation since Friday when the operating company registered a cyber attack in the computer system that is responsible for keeping the pipeline running.

Related:

A cyberattack causes the closure of operations of the major United States fuel pipeline

The increase in demand is causing an increase in prices. the average price of a gallon of gasoline increased 6 cents during the last week reaching a price $ 2 average. 96 dollars a gallon . If this trend continues during the following days an increase of 3 cents more would lead to an average price of $ 2. 99 Dollars thus reaching the most expensive price per gallon since November 2014 as reported by our sister portal El Diario NY .

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