"Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period," the company said in a statement. Experts, oil executives and government officials pleaded with Americans not to hoard gasoline in the wake of the ransomware attack on the Colonial Pipeline. At midnight ET on Wednesday, GasBuddy reported that nearly 1,800 gas stations were out of gasoline in Alabama, Georgia, Florida, South Carolina, North Carolina, Maryland and Virginia. "I think you're gonna hear some good news in the next 24 hours," regarding the resumption of operations for Colonial Pipeline," Biden told reporters. "Once rationing occurs, more panic buying ensues," Ryan McNutt, the CEO of the Society of Independent Gasoline Markets of America, said during the press call.

Source: CNN May 12, 2021 12:13 UTC