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Get ready for more price increases.

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Cyberattack Forces Shutdown Of Largest Gasoline Pipeline In United States
by Tyler Durden
Saturday, May 08, 2021 - 11:33 AM

The largest gasoline pipeline on the East Coast, and the US in general, was shut down on Friday after its operator struggled to contain a cyberattack which threatened its systems. The 5,500-mile Colonial Pipeline, which is the single largest refined-products pipeline in the United States, halted transit as the company was forced to take "certain systems offline to contain the threat, which has temporarily halted all pipeline operations," according to The Wall Street Journal on Saturday. It's reportedly still offline into early Saturday.

Colonial's network is responsible for supplying fuel that originates with refiners on the Gulf Coast to most of the eastern and southern US, accounting for over 2.5 million barrels per day in gasoline, diesel, and jet fuel, or other refined products transferred, making up 45% of all the East Coast's fuel supply. It spans from Texas through southern states and up to New Jersey.

"At this time, our primary focus is the safe and efficient restoration of our service and our efforts to return to normal operation," the Alpharetta, Georgia-based company stated. "This process is already underway, and we are working diligently to address this matter and to minimize disruption to our customers."

The disruption earlier in the day Friday saw Gulf Coast cash prices for gasoline and diesel push lower, though longer-term price effects will depend on just how long the lines remain shut. If the closure persists further into the weekend or even early next week, it's very likely to send gasoline prices soaring.

The last time there was a significant shutdown of Colonial's lines was during Hurricane Harvey in 2017, which shot spot Gulf Coast gasoline prices to a five-year high and diesel to near a four-year high.

This fresh cyberattack against vital American infrastructure has reportedly already seen federal agencies and law enforcement get involved, alongside a third-party cybersecurity firm brought in by Colonial to launch an investigation. Some of the early details of the investigation suggest a ransomware attack, which is being reported as follows:

The Washington Post reported that ransomware was used in the attack, citing two U.S. officials it didn’t identify. It wasn’t clear if the attack was carried out by foreign government hackers or a criminal group, the officials told the Post. In ransomware attacks, hackers typically encrypt an organization’s computer files and then demand a ransom payment to unlock the data.

Though there appears little in the way of culprits or suspected individuals or entities that may have carried out the attack at this early period of the investigation, we can expect the Biden administration to hold this up as a prime example of why his ambitious cybersecurity and power grid protection initiative is urgent and essential.

It also comes after the White House's April 15 sanctions rollout targeting Russian officials and entities for alleged involvement in the SolarWinds hack. The need for an overhaul of cybersecurity and protections of US government and civil infrastructure networks has been a major theme of this administration, also stemming from leading Democrats quickly blaming Moscow for pretty much every hack which targets American companies or agencies for much of the past five years, despite cases often lacking any evidence as to responsible parties. The Iranians and Chinese have also increasingly brought in alongside the Russians as prime nefarious actors in terms of cyberthreats.

However, as was recently admitted in a Wired piece on the Oldsmar, Florida water supply systems hack wherein chemicals were added to the town's water at dangerous levels, there's also many instances of "unsophisticated" lone wolf hackers able to sometimes penetrate overly exposed systems.

But there's little doubt that in this major instance of the Colonial pipeline going offline, we expect any moment to hear screams of "Russians!" - even before any evidence is publicly made available, if it gets presented at all.


From ZeroHedge


=====================
Boots were made for walking
Winds were blowing change
Boys fall in the jungle
As I Came of Age

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Uh oh....Where's Greta?????

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I guess refinery fires aren't eco friendly these days.

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Probably did it themselves.

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And prices will jump cause of a 24 to 48 hr blip.

Sure glad they got their "schitt straight" to make benjamins off it.
Speculators on oil markets planet wide loving this schitt and the uncertainty it creates.

And Russia,china, iran, or the norks are snickering ...

Whoever or whatever..
No difference..


Weak azz Biden wont do a damn thing.......
And the agenda to spend for " infrastructure upgrade" will be talking head points.
And benjamins to be made by those with the right stock portfolio profiles.

JFC.......

This schitt is too fughing planned out all around.
Just takes a moment of thought to see it all.
So much schitt you cant even begin to describe it all.
Almost like backwater channels coordinating for it all.
Just like the C19 scamdemic.

And the average sheep in this nation is oblivious to it all....


Buy ammo with cash and any non 4473 wpns you can.

Cause this nations economy can collaspe fast with a series of dominoe effect cyberattacks.

These "small examples" we are being treated too every so often are just the tip of the iceberg when ya think about it.

Imagine what would happen if nuke plants get cyber attacked.
Or our satellite systems....
JFC......

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That pipeline runs through my land

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How bout that first 100 days?

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Originally Posted by 673
Probably did it themselves.


Yep. The price of gas isn't going up fast enough.

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If it was not this it would be something else.

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Originally Posted by Crow hunter
That pipeline runs through my land

If it is your hunting property it makes for some excellent food plots and shooting lanes

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Originally Posted by MontanaMarine
Originally Posted by 673
Probably did it themselves.


Yep. The price of gas isn't going up fast enough.


Who is "they"?

Hint..."They" is in Washington D.C.


The only thing worse than a liberal is a liberal that thinks they're a conservative.
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How in the hell do you cyber attack a petroleum line. The first in history ever!

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Originally Posted by Buck720
How in the hell do you cyber attack a petroleum line. The first in history ever!



Hint, it wasn’t script kiddy’s , my money is on China


"Life is tough, even tougher if your stupid"
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Originally Posted by Buck720
How in the hell do you cyber attack a petroleum line. The first in history ever!

All major pipelines are all controlled by computer operations. We're talking about a BILLION gallons of petroleum per day in a single one.


The only thing worse than a liberal is a liberal that thinks they're a conservative.
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Originally Posted by ltppowell
Originally Posted by MontanaMarine
Originally Posted by 673
Probably did it themselves.


Yep. The price of gas isn't going up fast enough.


Who is "they"?

Hint..."They" is in Washington D.C.



Yep.

Nothing happens that they don't orchestrate.


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They cannot 'make' us buy electric vehicles....but they will do their best to 'motivate' us to play along.

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" supplying fuel that originates with refiners on the Gulf Coast..."

I spent years driving the Big Rig around Lake Charles La., Beaumont and Port Arthur Texas. It is unreal how many refineries there are. You drive to the top of that big bridge on I 10 in Lake Charles on a clear day, in every direction for 30 miles, all you can see is refineries.

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Originally Posted by Crow hunter
That pipeline runs through my land

This would be a good time to install a faucet in it.


“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell

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We need to track down who is doing this ransom ware stuff. Any country that harbors them should experience a B-52 carpet bombing if they don't turn them over.

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Originally Posted by Szumi
We need to track down who is doing this ransom ware stuff. Any country that harbors them should experience a B-52 carpet bombing if they don't turn them over.



It’s probably us.


~Molɔ̀ːn Labé Skýla~
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