By Duncan Smith
The ransomware attack on the Colonial Pipeline a few days ago is already having a deleterious effect on the gas, diesel, and jet fuel supplies along the east coast, even though our garbage media and worthless Biden administration couldn’t care less.
Stations in east coast states like Georgia, North Carolina, and Virginia shut down on Tuesday after they ran out of gasoline, mostly because of panic buying.
But it’s clear that the supply is already under strain because the pipeline has been down since the weekend.
And prices are already going up.
'On the week, the national gas price average jumped six cents to $2.96. If the trend continues, an increase of three more cents would make the national average the most expensive since November 2014 –the last time we saw average prices at $2.99 and higher,' AAA reported.
The automotive club added:
AAA forecasts gas prices to climb this week in reaction to the shutdown of the Colonial Pipeline, which delivers approximately 45 of all fuel to the East Coast. Over the weekend, the Colonial Pipeline announced they were the victim of a cybersecurity attack and, as a precaution, shut down the pipeline, which runs from Texas to New York Harbor. At this time, some lateral lines have reopened, but there is no word of when the mainline, including the gasoline line, will be operational.
'This shutdown will have implications on both gasoline supply and prices, but the impact will vary regionally. Areas including Mississippi, Tennessee and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases, as early as this week,' said Jeanette McGee, AAA spokesperson. 'These states may see prices increase three to seven cents this week.'
This is on top of the fact that thanks to Biden’s anti-fossil fuel policies, gas prices were already rising.
If you haven’t figured out that this is all by design — part of the insane left’s forced imposition of the ‘Green New Deal’ — just wait until the power outages this summer.
Biden's inflation is GETTING WORSE by the month...
Around the world, supply chains continue to be disrupted. Delays are now commonplace. And they're going to get worse.
There IS a financial reset coming - that's just true. All the signs indicate as much.