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Colonial Pipeline fiasco foreshadows impact of Biden energy policy

Amid gas shortages roiling the nation, pipeline proponents got some validation this week......»»

Category: topSource: foxnewsMay 15th, 2021

Oil prices finish the week higher as pipeline shutdown "short lived"

Oil futures climbed on Friday, erasing previous losses to finish higher for the week. "The Colonial Pipeline debacle got most of the attention from energy traders this week," but the shutdown "did not have a material impact on the broader.....»»

Category: topSource: marketwatchMay 14th, 2021

As Colonial Pipeline recovers from cyberattack, leaders point to a ‘wake-up call’ for U.S. energy infrastructure

Even as the crisis started to abate, the ease with which a critical artery of America’s transportation system was felled by a common online attack prompted a soul-searching among national leaders and cybersecurity experts......»»

Category: topSource: washpostMay 14th, 2021

Major U.S. Gasoline Pipeline Halts Operations After Cyberattack

(WASHINGTON) — A U.S. energy company says a cyberattack forced it to temporarily halt all operations on a major pipeline that delivers roughly 45% of all fuel consumed on the East Coast. Colonial Pipe.....»»

Category: topSource: timeMay 13th, 2021

As Colonial Pipeline recovers from cyber attack, leaders point to a ‘wake-up call’ for U.S. energy infrastructure

Even as the crisis started to abate, the ease with which a critical artery of America’s transportation system was felled by a common online attack prompted a soul-searching among national leaders and cybersecurity experts......»»

Category: topSource: washpostMay 13th, 2021

Biden refuses to say if he knew Colonial Pipeline paid hackers $4M-$5M to get pipeline back online per reports

Colonial Pipeline Co. may have paid between $4 million and $5 million to hackers in order to get its pipeline back up and running......»»

Category: topSource: foxnewsMay 13th, 2021

Capitol Report: Biden predicts return to normalcy in ‘next couple of days’ after gasoline shortages due to Colonial Pipeline attack

Biden's comments come after Colonial Pipeline late Wednesday said its key fuel artery has resumed operations on the U.S. East Coast following a shutdown in response to a ransomware attack......»»

Category: topSource: marketwatchMay 13th, 2021

The Daily Dash: Pipeline Shutdown Comes Calling On Diesel Supplies

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the impact of the Colonial Pipeline shutdown on diesel supplies, different approaches to reducing driver fatigue and more. read more.....»»

Category: blogSource: benzingaMay 13th, 2021

Biden predicts "good news" on Colonial Pipeline in next 24 hours

President Joe Biden on Wednesday afternoon said his administration had been in "very, very close contact with Colonial Pipeline" and there would be "some good.....»»

Category: topSource: marketwatchMay 12th, 2021

What the Jones Act Has to Do With Your Car’s Gas Tank

The struggle by the energy industry and federal government to keep the Colonial Pipeline outage from causing widespread fuel shortages on the East Coast has renewed discussion about a 101-year-old law meant to protect the domestic ship.....»»

Category: topSource: washpostMay 12th, 2021

Capitol Report: Biden predicts ‘good news’ on Colonial Pipeline in next 24 hours — ‘we’ll be getting that under control’

President Joe Biden on Wednesday afternoon says his administration has been in "very, very close contact with Colonial Pipeline" and there would be "some good news" in the next 24 hours on the company's East Coast fuel artery......»»

Category: topSource: marketwatchMay 12th, 2021

Pipeline love as gas shortage rages, Colonial remains offline

With Colonial Pipeline shutdown and gas shortages hitting the U.S., suddenly Biden’s push to cancel pipelines seems like a bad idea......»»

Category: topSource: foxnewsMay 12th, 2021

Market Extra: What is the Jones Act? And why might waiving it help ease gas ‘supply crunch’?

The Biden administration is exploring a temporarily waiver of the Jones Act, a key U.S. shipping law, to allow foreign vessels to carry fuel up the Eastern Seaboard to ease supply bottlenecks following the Colonial Pipeline shutdown......»»

Category: topSource: marketwatchMay 11th, 2021

Energy secretary: We have gas supply issues, not a shortage

With the Colonial Pipeline closed down, drivers hit the panic button creating long lines at the pump up and down the East Coast......»»

Category: topSource: foxnewsMay 11th, 2021

U.S. moving to temporarily waive Jones Act after Colonial Pipeline attack

The Biden administration said Tuesday it is moving to temporarily waive a law that requires goods shipped between U.S. ports to be transported on U.S.-owned and operated vessel.....»»

Category: topSource: marketwatchMay 11th, 2021

Colonial Pipeline is just the latest energy asset hit by cyberattacks. Here’s a look at the growing menace.

The ransomware cyberattack on Colonial Pipeline isn’t the first time hackers have hit energy assets in America and beyond in rec.....»»

Category: topSource: chicagotribuneMay 10th, 2021

U.S. oil futures finish slightly higher as traders weigh pipeline shutdown impact

U.S. oil futures settled just a pennies higher on Monday as traders weighed the impact of the shutdown of the largest U.S. fuel pipeline due to a ransomware attack. Colonial Pipeline .....»»

Category: topSource: marketwatchMay 10th, 2021

Colonial Pipeline ‘ransomware’ attack shows cyber vulnerabilities of U.S. energy grid

Fallout from the massive cyberattack may have regional repercussions in the Southeast if repairs drag on......»»

Category: topSource: washpostMay 10th, 2021

Dow pulls back from 35K, Nasadq falls 2%

The Dow hit a fresh record as energy stocks pace the gains following the Colonial Pipeline attack......»»

Category: topSource: foxnewsMay 10th, 2021

Biden being regularly briefed on Colonial Pipeline incident, White House says

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 10th, 2021

Biden says no evidence Russia involved in Colonial Pipeline ransomware attack

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 10th, 2021