Colonial Pipeline CEO Warns State Officials of Possible Fuel Shortages After Cyberattack

By  //  May 11, 2021

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(FOX NEWS) – Despite plans to reopen a major U.S. fuel pipeline later this week, following a cyberattack by a gang of hackers, Colonial Pipeline CEO Joseph Blount warned state officials Monday to be ready for possible fuel shortages.

In a private meeting, Blount said the company wouldn’t resume shipments until the ransomware had been removed, Bloomberg reported, citing someone who was at the discussion.

Blount reportedly maintained that the company has full control over the pipeline and is working with refiners, marketers, and retailers to prevent further outages, according to the source.

The company says it is manually operating a portion of the pipeline that runs from North Carolina to Maryland and expects to resume full services by the weekend.

Meanwhile, gas stations supplied by the pipeline were reporting shortages Monday evening. Patrick De Haan an oil and refined products analyst tweeted that Virginia was reporting 5% of stations without gasoline and rising.”

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Colonial Pipeline Company connects refineries with customers and markets throughout the Southern and Eastern United States through a pipeline system that spans more than 5,500 miles between Houston, Texas and Linden, New Jersey.

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