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Top U.S. pipeline operator shuts major fuel line after cyber attack

Mr.LV

Mr.LV

OG
www.reuters.com

Cyber attack shuts down U.S. fuel pipeline ‘jugular,’ Biden briefed

Top U.S. fuel pipeline operator Colonial Pipeline shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyber attack on Friday that involved ransomware.
www.reuters.com www.reuters.com

Top U.S. pipeline operator shuts major fuel line after cyber attack

Stephanie Kelly


Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network after a cyber attack, the company said in a statement on Friday.

[n]Colonial's network supplies fuel from U.S refiners on the Gulf Coast to the populous eastern and southern United States. The company transports 2.5 million barrels per day of gasoline, diesel, jet fuel and other refined products through 5,500 miles (8,850 km) of pipelines.[/b]

Colonial Pipeline says it transports 45% of East Coast fuel supply.

The company learned of the attack on Friday and took systems offline to contain the threat, it said in the statement. That action has temporarily halted operations and affected some of its IT systems, it said.

The company has engaged a third-party cybersecurity firm to launch an investigation, and Colonial has contacted law enforcement and other federal agencies, it said.

Colonial did not give further details or say for how long its pipelines would be shut.

Reuters reported earlier on Friday that Colonial had shut its main gasoline and distillate lines.

During the trading session on Friday, Gulf Coast cash prices for gasoline and diesel edged lower.

Both gasoline and diesel futures on the New York Mercantile Exchange rose more than crude prices during the day. Gasoline futures gained 0.6% to settle at $2.1269 a gallon, while diesel futures rose 1.1% to settle at $2.0106 a gallon.

Longer-term price effects will depend on the amount of time that the lines are shut. If barrels are not able to make it onto the lines, Gulf Coast prices could weaken further, while prices in New York Harbor could rise, one market participant said.

Colonial significantly shut down its gasoline and distillate lines during Hurricane Harvey, which hit the Gulf Coast in 2017.

During that time, spot Gulf Coast gasoline prices rose to a five-year high, while diesel prices rose to around a four-year high.
 
apple.news

No restart yet for pipeline shut by cyberattack; gasoline prices climb — POLITICO

Colonial Pipeline said it had no estimate on when it could restart the 5,500-mile pipeline that it shut Friday after a cyberattack.
apple.news apple.news

The company that operates the biggest gasoline conduit to the East Coast said on Sunday it had no estimate on when it could restart the 5,500-mile pipeline that it shut Friday after a cyberattack, boosting fuel prices in jittery financial markets to their highest level in three years.


Most of the Colonial Pipeline, which supplies nearly half of the East Coast's transportation fuel from the hub of refineries near Houston, remains offline for now, the company said in a statement, though it restarted some smaller lines that run off the main arteries.


Any sustained outage could threaten to push up retail gasoline and diesel prices at the pump just weeks before the start of the summer high-demand driving season. Prices for wholesale gasoline in the financial futures market jumped as much as 4 percent in Sunday evening trading to their highest level since 2018, hitting nearly $2.22 per gallon.


Colonial Pipeline said in a statement it would only "bring our full system back online only when we believe it is safe to do so, and in full compliance with the approval of all federal regulations.”


Colonial also confirmed that hackers used ransomware to shut down its internal computer business networks. That prompted the company to shut down the systems that control the pipeline as a precaution, and it has brought in third-party cybersecurity firms and is trying to restore its IT system, the Georgia-based company said.
 
SneakDZA said:
Electricity gives us so many other options besides gas but these assholes love money so much they'd rather fuck the planet up and have us living like Dune.
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i was just talking about this yesterday

lets say all the cars go electric right now......we dont have near enough "natural" or "clean" resources to power charging for all them cars

they'll have to build more refineries (that use fossil fuel) to push out enough power for everybody to have 2 electric cars and a smart home

its going to shift but I dont see a huge change coming any time soon
 
1/2 said:
i was just talking about this yesterday

lets say all the cars go electric right now......we dont have near enough "natural" or "clean" resources to power charging for all them cars

they'll have to build more refineries (that use fossil fuel) to push out enough power for everybody to have 2 electric cars and a smart home

its going to shift but I dont see a huge change coming any time soon
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The problem is that anytime there is any legislation to update our infrastructure there is a huge pushback because there's just too much money and politics in fossil fuels.
 
1/2 said:
i was just talking about this yesterday

lets say all the cars go electric right now......we dont have near enough "natural" or "clean" resources to power charging for all them cars

they'll have to build more refineries (that use fossil fuel) to push out enough power for everybody to have 2 electric cars and a smart home

its going to shift but I dont see a huge change coming any time soon
Click to expand...

What are you talking about some US cities have already transitioned to clean energy and doing just fine. Even if they used windmills people still don't understand how it works. Don't use Oil lobby talking points.
 
oh shit....if thats what it sounded like it wasnt intentional lmao....im not in oil/politics and dont know anyone in either

but yeah, i live in the south where most people wanna keep that shit....it probably has its effect on how i view it

I heard it all when that texas shit happened
 
1/2 said:
oh shit....if thats what it sounded like it wasnt intentional lmao....im not in oil/politics and dont know anyone in either

but yeah, i live in the south where most people wanna keep that shit....it probably has its effect on how i view it

I heard it all when that texas shit happened
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my bad. When they build fossil fuel factories or refineries, the owner aint going to build it near his upscale neighborhood, they will lobby to get them built near black/brown communities. Now you got kids with asthma and using dirty water.

Now as far as the cyber attack goes, humans are the weakest part of your security posture. You can all the technological checks in the world and have a dumb ass plug in a random USB he found laying around on the ground. It happened here, and its how the US got Iran last year.

Dont pick up random usb's
 
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