Voice of America
14 May 2021, 00:05 GMT+10
WASHINGTON - After a six-day distribution pinch that prompted panic at the gasoline pumps in parts of the country, fuel is flowing again through the most important U.S. East Coast pipeline which was crippled by a ransomware attack blamed on Russian hackers.
"Don't panic," U.S. President Joe Biden appealed to motorists on Thursday. "This is a temporary situation. Don't get more gas than you need in the next few days."
The president also warned gas station operators not to engage in price gouging.
"Do not try to take advantage of consumers during this time," he said in remarks from the Roosevelt Room of the White House. "Nobody should be trying to use this situation for financial gain."
Colonial Pipeline "has made substantial progress in safely restarting our pipeline system and can report that product delivery has commenced in a majority of the markets we service," the company said in a Thursday morning statement. "By midday today, we project that each market we service will be receiving product from our system."
The 8,850-kilometer-long pipeline carries about 380 million liters per day of gasoline, diesel and jet fuel.
Due to the pipeline's length, "we'll not feel the effects at the pump immediately. This is not like flicking on a light switch," said Biden in his midday Thursday remarks.
Colonial Pipeline paid nearly $5 million to hackers last Friday, according to Bloomberg News, which said that in exchange for the ransom in cryptocurrency the company received a tool to decrypt its scrambled files, which did not work.
The company has not commented on whether it paid the ransom.
"I have no comment on that," replied Biden when asked by a reporter on Thursday whether he had been briefed about any ransom payment.
"I have no knowledge of whether a ransom was paid," said Brandon Wales, acting director of the Cybersecurity and Infrastructure Security Agency.
Biden, in response to reporters' questions following his prepared remarks, said that according to a Federal Bureau of Investigation report Russian President Vladimir Putin or the Russian government were not involved in the malware attack on Colonial Pipeline.
Noting that "criminal hackers" have been able to disrupt infrastructure, Biden said the United States needs to modernize and secure key sectors in order to effectively compete with China this century.
"The likelihood is increasing almost every day" for a catastrophic-level cybersecurity incident, Wales told a group of defense writers on Thursday. "We're seeing the prelude to that today."
Concerning ransomware hacks similar to the one that crippled the pipeline, Wales said, "This is a scourge that is not going to be easily eradicated.
Wales praised an executive order Biden signed on Tuesday hardening the federal government's responses to cybersecurity incidents. The CISA official said, beyond that, "we need Congress to take certain actions" to require private industry to notify government authorities of cyberattacks.
To ease fuel supply constraints, Homeland Security Secretary Alejandro Mayorkas on Wednesday evening signed a rare waiver to the Jones Act, allowing non-U.S. ships to transport fuel between American ports.
"In the interest of national defense, I have approved a temporary and targeted waiver request to an individual company," explained Mayorkas in a statement. "This waiver will help provide for the transport of oil products between the Gulf Coast and East Coast ports to ease oil supply constraints as a result of the interruptions in the operations of the Colonial Pipeline."
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationNEW YORK CITY, New York: The U.S. must accelerate its efforts to develop fusion energy or risk losing its edge to China, Virginia Governor...
WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....
Agartala (Tripura) [India], March 19 (ANI): The Indian Council of Agricultural Research Kanpur (ICAR) and Tripura Agriculture College...
Taipei [Taiwan], March 19(ANI): Switzerland has issued a warning to China, urging it to avoid escalating tensions after China conducted...
Washington DC [US], March 19 (ANI): A spokesperson from the United States Department of State heavily criticised China's recent military...
Passengers pose for a group photo in front of the Y64 tourist train at Harbin East Railway Station in Harbin, northeast China's Heilongjiang...
FRANKFURT, Germany: UBS CEO Sergio Ermotti will receive a pay package of just over 15 million Swiss francs (US$17 million) for 2024,...
PARIS, France: French Prime Minister Francois Bayrou acknowledged over the weekend that the European Union may have miscalculated by...
NEW YORK, New York - Sellers took charge again on Wall Street Tuesday as the brief rebound that took place on Monday petered out. Stocks...
WASHINGTON, D.C.: The Trump administration has approved a plan to expand a coal mine in Montana and keep it running for 16 more years,...
ST. PETERSBURG, Florida: The Tampa Bay Rays have decided not to move forward with a $1.3 billion plan to build a new stadium next to...
HANOI, Vietnam: As Vietnam seeks to strengthen trade ties and avoid potential U.S. tariffs, companies from both countries signed agreements...