Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Colonial Pipeline hit by brief network outage amid efforts to harden system

Stock MarketsMay 18, 2021 05:41PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
2/2 © Reuters. FILE PHOTO: Gas pumps are roped off with a tape indicating a lack of gasoline at a gas station in Washington, U.S., May 14, 2021. REUTERS/Evelyn Hockstein/File Photo 2/2

By Stephanie Kelly, Laura Sanicola and Jessica Resnick-Ault

NEW YORK (Reuters) -Colonial Pipeline's said its scheduling system was back online on Tuesday after a network outage earlier in the day prevented customers from planning upcoming shipments on the biggest U.S. fuel pipeline.

The disruption was caused by efforts by the company to harden its system as it restored service following a week-long outage due to a cyberattack, Colonial said, and was not the result of a reinfection of its network. [nFWN2N50UY]

Last week's closure of the 5,500-mile (8,900-km) system was the most disruptive cyberattack on record, preventing millions of barrels of gasoline, diesel and jet fuel from flowing to the East Coast from the Gulf Coast.

After the ransomware attack forced Colonial to shut its entire network, thousands of gas stations across the U.S. southeast ran out of fuel. Motorists fearing prolonged shortages raced to fill up their cars.

Colonial has been using its shipper nomination system to schedule batches of fuel deliveries to bring flows back to normal.

Colonial's shipping nomination system is operated by a third party, privately-held Transport4, or T4, which handles similar logistics for other pipeline companies. T4 did not comment on whether its systems for other pipelines were affected.

Though Colonial's scheduling network was back online, it was still moving slowly, said a market source.

As of Tuesday, more than 10,400 filling stations were still without fuel, according to tracking firm GasBuddy, down from more than 16,000 at the peak last week.

In North Carolina, one of the hardest-hit states, gas outages dropped below 50% on Tuesday, GasBuddy said. South Carolina, Virginia and Georgia all also had outages below 50%.

Just under 70% of gas stations in Washington, D.C., were still without fuel, down from around 90% over the weekend.

"The number of stations without gasoline is likely to drop under 10,000 today," said GasBuddy's Patrick De Haan on Tuesday.

Colonial Pipeline hit by brief network outage amid efforts to harden system
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (3)
Cathy Bartlett
Cathy Bartlett May 19, 2021 7:19AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Day late dollar short after paying 5 million ransom. Next time it will be 20 mill...
Benjamin McIntire
Benjamin McIntire May 18, 2021 9:54PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
You can tell parlor opened back up all the Trump simps migrated back there, mercifully.
Millennial Dip Buyer
Millennial Dip Buyer May 18, 2021 9:54PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The ***does that have to do with a pipeline having issues?  "Trumpers" are annoying but i'd rather have them than dudes like you who post 2k comments in a few months on nothing but news articles and quite literally zero comments on actual investing topics.
danny Levine
danny Levine May 18, 2021 3:14PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
lol can't catch a break
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email