In the US, the price of gasoline rose to a record since 2014

The average price of gasoline in the United States on the background of the hacker attack on the Colonial Pipeline rose by 7 cents per gallon (3.8 liters) to a record since the fall of 2014, $ 3.02 per gallon, the American Automobile Association (AAA) said on Thursday.

“Since the shutdown of the pipeline on Friday until Thursday morning, the average price of gasoline in the country increased by 7 cents. The weekly average price rose to $ 3.02 – the highest since October 2014,” AAA said.

According to the company’s forecast, prices are likely to continue to fluctuate in the next few days, but “as the pipeline recovers, the states where the price spike occurred will see some relief,” the company said.

The AAA emphasizes that the full restoration of gasoline supplies, which are particularly acute in the southern states of Tennessee, Georgia, South, and North Carolina, and southern Virginia, will take several days. “Drivers in these areas will face several more days of limited fuel supplies,” the company said.

Meanwhile, AAA emphasizes that the shortage will not last long and will not affect summer travel and the upcoming long Memorial Day weekend in late May – “it is important to understand that there is a sufficient supply of gasoline in the United States.” The largest pipeline operator in the United States, the Colonial Pipeline Company, was subjected to a cyberattack last Friday, May 7. As the FBI later stated, the company was attacked using the DarkSide ransomware program. US President Joe Biden said that, according to the FBI, the hackers were in Russia, but the authorities were not involved in this.

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Author: Steve Cowan
Graduated From Princeton University. He has been at the Free Press since October 2014. Previously worked as a regional entertainment editor.
Function: Chief-Editor
Steve Cowan

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