Gas prices 2019 and beyond

With the Colonial Pipeline hacked and shut down; does not bode well for gas prices, at least in the short term.
The US government issued emergency legislation on Sunday after the largest fuel pipeline in the US was hit by a ransomware cyber-attack.
The Colonial Pipeline carries 2.5 million barrels a day - 45% of the East Coast's supply of diesel, gasoline and jet fuel.
It was completely knocked offline by a cyber-criminal gang on Friday and work to restore service is continuing.
The emergency status relaxes rules on fuel being transported by road.
It means drivers in 18 states can work extra or more flexible hours when transporting refined petroleum products.
US fuel prices at the pump were largely unaffected on Monday, but experts say that could change if the shutdown is prolonged

US passes emergency waiver over fuel pipeline cyber-attack
 
$2.87 here today up $0.05 from yesterday & $0.15 from last week. Passed by the Speedway in Riverhead this afternoon & there was a line.
John
 
we're up well over $3 a gallon down here - long lines forming & many stations posting signs Temporarily Out of Fuel - I was able to get both the truck & my car topped off but drove by about 1/2 hour later & the station nearest me (Sunoco) was shutdown due to lack of fuel


KEY FACTS​

States including Georgia, North Carolina, Virginia, and Florida were experiencing gas shortages Tuesday, days after Colonial Pipeline—which is responsible for transporting 45% of the East Coast’s gasoline—experienced a cyber attack that forced it offline Friday.

In Tallahassee, Fla., motorists reported 30 minute waits to get gas, and in North Carolina, one woman told the Charlotte Observer she was getting gas even though she didn’t need it because she’d “rather get it while there is some than none at all.”

As of Tuesday morning, 3.7% of gas stations in Georgia, 5.4% of stations in North Carolina and 7.5% of gas stations in Virginia didn’t have fuel, according to GasBuddy analyst Patrick De Haan (GasBuddy is a gas station-finding app that tracks local fuel prices).
 
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