5/10, 3:01 AM (Source: TeleTrader)
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US declares state of emergency over fuel supply fears

The United States has declared a state of emergency in order to help the country's fuel supply in the wake of the Colonial Pipeline cyberattack.

The US Department of Transportation stated that the emergency deals with a "need for immediate transportation of refined petroleum products," and it allows fuel to be transported on the road rather than through the pipeline. The department's Federal Motor Carrier Safety Administration issued a "temporary hours of service exemption" for those transporters that carry fuel to affected areas in an effort to "create more flexibility for motor carriers."

White House Press Secretary Jen Psaki also commented on the issue saying that the administration is working to "mitigate potential disruptions to supply" as a result of the attack. Meanwhile, Colonial stated that their mainlines remain offline and that "in the process of restoring service to other laterals and will bring our full system back online only when we believe it is safe to do so," but gave no timeline on the restoration.

Breaking the News / OL