Colonial Restarts After Cyberattack But Fuel Curbs to Linger
Colonial Restarts After Cyberattack But Fuel Curbs to Linger
(Bloomberg) -- The largest gasoline pipeline in the U.S. is returning to service following a cyberattack that took the fuel artery offline for five days, offering hope that fuel shortages in several states will soon come to an end.
Colonial Pipeline Co., operator of a conduit that handles more fuel than Germany consumes, said it began to resume shipments around 5 p.m. Eastern time Wednesday. In a further effort to provide relief, the Biden administration temporarily waived century-old shipping restrictions to allow one foreign-flagged ocean-going tanker to help relieve the shortages.