The administration warned companies against raising prices after the suspension of a major fuel pipeline

American motorists urged not to panic over fuel shortage.

Amid regional fuel shortages and panicked gasoline purchases, the US government is trying to reassure motorists that fuel supplies will resume in full in the coming days through a critical pipeline that was suspended after a cyberattack from Russia.

The Energy and Homeland Security secretaries took to the podium at the White House, trying to allay concerns amid forecasts that gasoline prices will rise to levels not seen in several years.

Energy Secretary Jennifer Granholm acknowledged that several state governors are concerned that “gas stations are running out of fuel.”

According to her, North and South Carolina, Tennessee, Georgia, and Virginia faced the most serious consequences of stopping the pipeline with a length of about 9 thousand kilometers.

Virginia Governor Ralph Northam declared a state of emergency on Tuesday. So did North Carolina.

Meanwhile, Granholm warned the industry:” We will not tolerate overcharging.”

It is expected that by the end of the working day on Wednesday, the company Colonial Pipeline, which is headquartered in Georgia, will be able to decide on restarting, but “it will take several days to restore work,” the Energy Secretary said.

According to Granholm, the company acted responsibly by stopping the pipeline so that “the ransomware program does not spread.”

The US government and the states are taking some temporary measures to mitigate the crisis with the supply of gasoline and aviation fuel.

Thus, some fuel taxes are suspended. The issue of allowing foreign vessels to transport fuel is also being considered. This would require an exception to the Jones Act, which stipulates that only American vessels can transport goods between U.S. ports.

Some airlines import fuel for their own needs. Neither the government nor the company said whether Colonial Pipeline paid any ransom.

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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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