Posted on 05/10/2021 9:04:22 AM PDT by Red Badger
The US government declared a state of emergency late on Sunday, lifting limits on the transport of fuels in a bid to keep gas supply lines open after the continued shutdown of the Colonial Pipeline.
“This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel, and other refined petroleum products and provides necessary relief,” the Department of Transportation said. White House Press Sec Jen Psaki added that “as the Administration works to mitigate potential disruptions to supply as a result of the Colonial Pipeline incident, @USDOT is taking action today to allow flexibility for truckers in 17 states.”
Just in case the US didn’t already have a “transitory hyperinflation” problem, gasoline futures soared more than 4% – and are likely to jump much more – late on Sunday after the Colonial Pipeline announced that while some smaller lateral lines between terminals and delivery points are now operational, its mainlines (Lines 1, 2, 3 and 4) remain offline since late Friday after the company suffered a crippling cyberattack that affected its key IT systems.
Colonial operates Line 1 for gasoline and Line 2 for diesel and jet fuel from Pasadena, Texas, some 15 miles from the nation’s largest refineries, to Greensboro, North Carolina, at a combined 2.5 million barrels a day. They merge at Greensboro to feed a line carrying about 900,000 barrels a day into New York Harbor, and other East Coast pipelines.
At least there are no more mean tweets
Rationing coming right up
Pipelines BAD..............
Pipelines GOOD.............
2+2=5...........................
No emergency here in the heartland of America with our evil hydrocarbons pumping day and night.
Red states matter.
PS thanks for the bump on my pipeline stocks and to Kinder Morgan for helping to take up the slack 👍🏻
4 days after it began?
All the “Democratic” Socialists know how to do is extortion by making threats to break stuff and breaking stuff.
Incrementally, it will just get worse and worse. See tag line.
“The US government declared a state of emergency late on Sunday, lifting limits on the transport of fuel…”
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Well good luck to the Biden occupying regime in finding enough qualified and properly approved drivers for that.
Another manufactured crisis...see this wouldn’t happen with electric cars.
Pain will be felt.
Gotta save the Earth.
Everything going to hell.
They illegal, inept regime installed by the CCP needs to go.
Time to impeach JoeBama and the giggling sidekick.
Good thing we cancelled the Keystone.
Somebody’s gotta pay for all the free shit.
I'm old enough to remember cars with even numbered license plates could only get gas on even numbered days, and cars with odd numbered license plates on odd numbered days.
I also remember my Dad being able to only get 5 gallons of gas for his car because gas stations had also implemented their own rationing too.
I wonder if we’ll return to that groovy idea from the 1970s: odd and even gas-buying days, based on your license plate.
I might suggest FILLING UP regardless of where you live, as this means trucks are now going to be diverting to the Northeast.
I did, YESTERDAY.
The lines were long and I live in Florida Panhandle!............
They are scrambling to fix a problem they caused.
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