DENVER (CBS4) – A cyberattack on the company that runs the Colonial Pipeline forced the company to shut down. As many states in the southern and eastern parts of the U.S. panic over fuel, a AAA Colorado spokesman says Colorado drivers have nothing to worry about.
“Again, Colorado friends, don’t fret! I’d be *thrilled* to tell you why we’re going to be OK, but the bottom line is that we’re going to be OK. Don’t fret. Don’t panic,” said Skyler McKinley on Twitter on Wednesday.
The pipeline runs from Houston to Linden, New Jersey and supplies nearly half of the East Coast’s fuel. Images of lines at gas stations across the Eastern U.S. and videos of fights breaking out over fuel have many wondering if they should top off, hundreds of miles away.
“This fear stems from the very real feeling of ‘I have things I need to do, and I need gas to do them,’” said McKinley. “Our flow of both refined oil into Colorado and processed refined gasoline is normal. I know this stuff really well, but I saw those images and thought maybe I should go buy some gas. It’s just human nature.”
Gas prices have been ticking up throughout the state, but McKinley says those increases were happening before the Colonial Pipeline shutdown. However, some supplies could be taking advantage of the situation.
Read my lips, #Colorado: We’re not going to have a gas shortage! We’re not going to see spiking gas prices! There won’t be lines at gas stations! We don’t get refined oil from the Colonial Pipeline. Prices might go up a little, but they were already doing that. Breathe. #CoLeg pic.twitter.com/1rdndpbZW7
— Skyler McKinley (@SkylerMcKinley) May 12, 2021
CBS News reports shortages in at least seven states. Florida, Virginia, North Carolina and Georgia have declared states of emergency.
“The first thinking is ‘Oh boy prices are going to skyrocket and I need to fill everything I can with gas.’ And so that’s a self-fulfilling prophecy that actually makes the problem much more acute,” said Patrick de Haan, Head Of Petroleum Analysis at GasBuddy.
Wednesday afternoon the Colonial Pipeline initiated the restart of pipeline operations. Following this restart, the company says it will take several days for the product delivery supply chain to return to normal.