Experts: Gas Retailers Will Feel Ripple Effects Of Colonial Pipeline Shutdown All Summer
Following a sophisticated cyberattack earlier this month against Alpharetta-based Colonial Pipeline, Georgians quickly saw panic-buying and winding lines at gas stations.
Amy Sancetta / Associated Press file
It’s been five days since fuel started flowing again through Alpharetta-based Colonial Pipeline’s vital artery, following a sophisticated cyberattack earlier this month.
Georgians quickly saw panic-buying and winding lines at gas stations.
This week, families across the Southeast are still driving by yellow “out-of-service” bags covering gas station nozzles.
Experts say those who rely on Colonial’s main fuel pipeline will continue to see ripple effects of the shutdown over the summer.
Jake Bolling is the CEO and co-founder of Skupos, a platform that connects and tracks sales at thousands of gas retailers.
According to Skupos data, as of Monday, gallon sales were up 43% in the affected states that receive their fuel from the Colonial Pipeline, including Georgia.
WABE’s “All Things Considered” host Jim Burress asked Bolling to peel back another layer of the variables at play in the Colonial shutdown and to talk about what future, high-profile ransomware attacks on our energy infrastructure could mean for consumers.
Lily Oppenheimer contributed to this report.
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