Slight fuel value decline in Greensboro after the pipeline shutdown causes a rise

Posted: Jun 1, 2021 / 12:21 PM EDTUpdated: 06/01/2021 / 12:21 PM EDT

Gas tankers are loaded with gas in Greensboro as the closure of the Colonial Pipeline forces crews to move by road

This is an archived article and the information in the article may be out of date. Please see the timestamp on the story to see when it was last updated.

GREENSBORO, NC (WGHP) – Gas prices fell 1.7 cents this week, three weeks after a ransomware attack paralyzed the Colonial Pipeline for several days, causing a supply chain crisis that skyrocketed drove.

Triad Cyber-Attack Expert Commenting on Colonial Pipeline Attack

GasBuddy said gas prices in Greensboro averaged 2.91 gallons. That’s 27.3 cents more than a month ago just before the pipeline shut down and over a dollar more than a year ago.

The cheapest gas found among 586 gas stations surveyed was $ 2.70 a gallon, and the highest was $ 3.19.

The start of the summer travel season and rising demand combined with the challenges of oil production mean, according to Gas Buddy, we won’t see a significant price drop this summer.


Suggest a correction

Comments are closed.