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by post_break 1868 days ago
Yikes, get ready for a huge jump in oil pricing.
3 comments

> Colonial’s pipeline transports 2.5 million barrels each day, taking refined gasoline, diesel fuel and jet fuel from the Gulf Coast up to New York Harbor and New York’s major airports. Most of that goes into major storage tanks, and with energy use depressed by the pandemic, the attack was unlikely to cause any immediate disruptions.

https://www.nytimes.com/2021/05/08/us/cyberattack-colonial-p...

Why would oil prices jump? This isn’t an oil pipeline.
Because unlike their network gateways, their pricing change is unidirectional.
Because there was already a glut, now the places that feed this pipeline have to be backed up. Just because it’s gasoline doesn’t mean it’s not a link in the whole chain.
Because they can and do use any excuse to bump the prices.
Oh, what a surprise, another unexpected event pumping oil prices.
There's no need to use crude jokes here. It's a gasoline pipeline, so more refined jokes are appropriate.
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