U.S. Southeast braces for fuel price rises after pipeline shutdown

U.S. Southeast braces for fuel price rises after pipeline shutdown

Sold out gas pumps are shown at a station ahead of the arrival of Hurricane Dorian in Pompano Beach, Florida, U.S. August 30, 2019. REUTERS/Joe Skipper

The southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the shutdown of the country’s top fuel pipeline network – and demand has already picked up as drivers fill their tanks, industry experts said on Sunday.

The attack forced Colonial Pipeline to shut down its entire system on Friday. Some smaller lines were restarted Sunday, but Colonial has given no timeline for the restart…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *