BATON ROUGE, La. (BRPROUD)—A ransomware attack on one of the country’s largest oil pipelines is leaving many Southern states with low fuel supply.
Southeast gasoline transport company Colonial Pipeline was recently hacked by a ransomware group known as the Darkside
Stephenson Technologies Corporation President Jeff Moulton said, “They took the data out of colonial pipeline’s servers and then they encrypted the servers and then they encrypted the servers where only they have the password, so now Colonial Pipeline can no longer use their systems because they are now being held, hostage.”
The groups halted the transport of oil until they are paid.
AAA Louisiana Spokesman Don Redman said, “From Mississippi to Tennessee to Georgia, all the way up to Delaware, it will impact a lot of folks in those regions. We are talking about an impact on gasoline prices and in some cases, it will be supply issues.’
What does this mean for Louisiana?
Redman said, “This is becoming a perfect storm for travelers through the holidays.”
Experts say that even if this problem is solved today, it still may have some lasting impacts for the next few weeks. So if you plan on traveling soon, you may want to check gas prices and gas availability before you head out.”
If this problem continued long term, this could affect Louisiana’s gas prices and supply.
Redman explained, “If the investors look at this as being potentially a long term crisis, you’ll see the price reflected in the price of crude oil, which right now is about sixty-four dollars a barrel. If that starts moving upward in anticipation of this being a long term crisis, then yes, it certainly would.”
Gas prices continue to rise tonight and experts say the national average could soon reach three dollars per gallon.