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U.S. Gasoline Prices Rise Above $3/Gallon First Time Since 2014


These translations are done via Google Translate

(Bloomberg) U.S. national average retail gasoline prices have risen above $3 a gallon for the first time since 2014, after a cyberattack shut operations at Colonial Pipeline, the main supply link for the East Coast.

The nation’s average retail price is now at $3.008 a gallon, according to motoring organization AAA. The pipeline’s shutdown has caused shortages at fuel stations around the Southeast.

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Gasoline above $3 a gallon is often considered a trigger point for politicians, who are likely to take the opportunity to further debate energy policy in Washington.


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Colonial has said it plans to substantially return the pipeline to service by the weekend.



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