The US government has issued an emergency decree to temporarily transport gasoline, diesel, jet fuel and other petroleum products by road.
Since last Friday, an important pipeline has been closed.Hackers have the most powerful computer system Oil pipeline company closed. Sources told Reuters that the DarkSide organization may be behind the attack. That will be a relatively new organization dealing with ransomware, in which computer systems are hacked and released after payment. The motivation is purely financial.
2.5 million barrels of oil and other refined products pass through the Colonial Pipeline production line every day. The company said it will transport 45% of its fuel from Texas to the east of the country.
A total of 18 states are now allowed to temporarily transport oil by road. These are Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.
Patrick Kulsen predicts it will affect the country’s oil prices. He is a director of Insights Global, a market researcher in the petroleum and chemical industry.inside NOS Radio 1 news He said that the tanker will never be able to transport the goods now transported by pipeline.
“For comparison, when the Rhine is low here, the tanker has to drive to Germany. Then you will see what’s going on inside. Do not have time No more cars are available. “Then the transportation speed slowed down a lot, which affected the price.
In addition, the so-called “Jones Act” applies to the United States. This stipulates that only tankers sailing under the American flag can be transported by tankers. “And the number is small, so it is not easy to use tankers to supply to the east coast.” Therefore, Kulsen saw a trade opportunity in the Netherlands. Gasoline can be shipped from Europe to the east coast of the United States. “
Coulson can’t say whether closing the pipeline will affect gasoline prices here. “It depends on how long it takes. If the EU starts shipping oil to the United States, then the supply here will decrease and prices will rise.”