Tag: Gas

Energy Secretary: ‘Supply Crunch,’ Not Gasoline Shortage

The United States is not dealing with a gasoline shortage, Energy Secretary Jennifer Granholm said Tuesday, as hundreds of stations reported running out of gas. “This is why we know that we have gasoline, we just have to get it to the right places. That’s why I want to encourage people people: it’s not that…


Gas Prices Expected to Keep Rising in Wake of Colonial Pipeline Attack

Gas prices, already close to $3 a gallon after a cyberattack on Colonial Pipeline, are expected to keep rising through the week, especially in the eastern United States. “We’re expecting to see price increases to continue through the week, and in particular in the southeast region and in the northeast, because we are seeing directly…


US Gas Stations Run Out of Fuel After Pipeline Cyberattack

Gas stations in multiple U.S. states ran out of gas on Monday after hackers attacked a pipeline that runs from Texas to New Jersey. Stations in Florida, Georgia, South Carolina, North Carolina, and Virginia were out of fuel after customers rushed to fill vehicles following the hack of Colonial Pipeline. Approximately seven percent of stations…


US Gas Stations Run Out of Fuel After Colonial Pipeline Cyberattack

Gas stations in multiple U.S. states ran out of gas on Monday after hackers attacked a pipeline that runs from Texas to New Jersey. Stations in Florida, Georgia, South Carolina, North Carolina, and Virginia were out of fuel after customers rushed to fill vehicles following the hack of Colonial Pipeline. Approximately seven percent of stations…


US Declares Regional State of Emergency After Colonial Fails to Restart Hacked Pipeline

The U.S. Department of Transportation declared a regional state of emergency after the Colonial Pipeline suffered a cyberattack over the weekend. The attack on the Colonial Pipeline, considered one of the most disruptive ransomware schemes ever, has already disrupted fuel supply across the East Coast and triggered sales restrictions at gas stations. “This Declaration addresses…


Australia Pledges $58.6M Towards New Gas Projects as Part of the Gas-Fired Recovery

Australia’s gas-fired recovery plan will see a further investment of $58.6 million (US$45.6 million), focusing on four main gas projects throughout Victoria. The investment will go towards several projects in the state, including two gas storage projects, the expansion of the South West Victorian pipeline, and a gas import terminal project. The funding is part…


Australia’s First Gas-Hydrogen Hybrid Power Station to Help Replace Coal

New South Wales has secured an $83 million (US$64 million) gas-hydrogen hybrid power station, Tallawarra B, following the planned closure of the Liddell coal-fired power plant in 2023. The closure of Liddell was announced in 2019 and will see the exit of 1,680 MW of reliable energy from the power grid, which forced the NSW…


South Australia’s $1 Billion Energy Deal Builds on Gas-Fired Recovery

The South Australian and Federal governments have signed an AU$1.08 billion (US$834 million) agreement to provide South Australians with reliable and affordable energy while maintaining emission reduction targets. The deal involves a $100 million energy grid interconnector between South Australia and New South Wales and an investment of $510 million for emissions reduction projects such…


‘We Are Running Out of Time,’ Warns Regulator as Australia Faces Gas Shortfall

According to a new report by the Australian Competition and Consumer Commission (ACCC), gas supplies on Australia’s east coast and southern states are under threat. During a conference on March 24, ACCC chair Rod Sims brought to attention a looming gas crisis—which may affect close to 90 percent of Australians—and pointed out we are running out…


‘We Are Running Out of Time,’ Regulator Warns as Australia Faces Gas Shortfall

According to a new report by the Australian Competition and Consumer Commission (ACCC), gas supplies on Australia’s east coast and southern states are under threat. During a conference on March 24, ACCC chair Rod Sims brought to attention a looming gas crisis—which may affect close to 90 percent of Australians—and pointed out we are running out…