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Colonial Pipeline Hack Puts Car Events In Jeopardy

⚡️ Read the full article on Motorious

Just when car events were starting to come back, this happens…


The Colonial Pipeline shutdown could put different car enthusiast events in jeopardy, as well as just making life in general pretty miserable. Carried out on Friday, this reportedly is a ransomware situation, where hackers bring a company’s operations to a halt, then demand money to return systems to normal. But don’t worry, media reports indicate the people who did this help out charity organizations, so it’ll even out (that was sarcasm, just to clarify).

There's also a microchip shortage affecting new car production. Read all about it here.

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With projections that the major oil pipeline could remain shut down for 1-3 weeks, many are bracing for gas prices to skyrocket, which in turn will increase the prices of just about everything. One expert says he “wouldn’t be surprised… if we see 15- to 20-cent rise in gas prices over the next week or two.”

Projections are the southeastern US will see gas price increases first. This comes just as many car-related events from shows to cruises are finally being held after over a year of shutdowns. High gas prices might keep some classic car owners home, especially if this situation drags on and the cost at the pump continues climbing. We sincerely hope that isn’t the case, but things aren’t looking up at the moment.

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The situation is already dire enough the US Department of Transportation declared a regional state of emergency. Covered in this declaration are Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Some gas stations on the East Coast are already restricting how much fuel customers can buy.