Gas Prices Soar As Biden Was Unable to Prevent Cyber Hack!

Gas Prices Soar As Biden Was Unable to Prevent Cyber Hack!

Bill Sheridan

While the FBI has now identified the criminals responsible for the cyber hack that shut down a serious hack of a major oil pipeline, the Biden administration did nothing to prevent the hack in the first place.

The FBI said that the ransomware gang known as “Darkside” was the group responsible for the attack over the weekend that forced the shutdown of the Colonial Pipeline networks responsible for carrying gasoline from Texas to the Northeast.

“The FBI confirms that the Darkside ransomware is responsible for the compromise of the Colonial Pipeline networks,” the FBI said in a statement on Monday, May 10. “We continue to work with the company and our government partners on the investigation.”

A senior Department of Justice source wishing to remain anonymous told FOX Business News that the investigation into the attack is ongoing due to the involvement of ransomware, labeling the sophistication of the tools involved “very high.”

Darkside announced its existence in August 2020 and claims it does not attack medical, educational, or government targets – only large corporations – and that it donates a portion of what it takes to charity.

The group will harvest data from a victim’s server, then encrypt it and request a ransom. The group then will upload the data to a website on the dark web, which will publish the stolen information, should the cyber-criminals not receive the ransom, risking sensitive data loss for any organization that falls prey to the ransomware attack.

Darkside has advertised stolen documents from more than 80 companies across the U.S. and Europe on its website.

In a statement to the press, Colonial Pipeline said they are dedicating resources to “restoring pipeline operations quickly and safely.”

“Segments of our pipeline are being brought back online in a stepwise fashion, in compliance with relevant federal regulations and in close consultation with the Department of Energy, which is leading and coordinating the Federal Government’s response,” the company said.

The hackers who caused Colonial Pipeline to shut down on Friday, May 7, began their cyberattack against the top U.S. fuel pipeline operator a day earlier and stole a large amount of data, Bloomberg News reported citing people familiar with the matter.

According to Bloomberg, the hackers, now identified as the group “Darkside,” took nearly 100 gigabytes of data out of Colonial’s network in just two hours.

As Colonial works with the Federal government in response to the attack, the company added that its operations team is “executing a plan that involves an incremental process that will facilitate a return to service in a phased approach”— a plan based on “a number of factors with safety and compliance driving our operational decisions, and the goal of substantially restoring operational service by the end of the week.”

“We continue to evaluate product inventory in storage tanks at our facilities and others along our system and are working with our shippers to move this product to terminals for local delivery,” the statement from Colonial continued. “Actions taken by the Federal Government to issue a temporary hours of service exemption for motor carriers and drivers transporting refined products across Colonial’s footprint should help alleviate local supply disruptions, and we thank our government partners for their assistance in resolving this matter.”

Meanwhile, gas prices which have already been on the rise spiked an average of another .06 per gallon as news of the attack spread. According to AAA, prices will climb this week in reaction to the Colonial Pipeline shutting down four of its main lines, which delivers 45 percent of the East Coast’s fuel.

The states whose fuel supply may be affected by the attack are Texas, Louisiana, Mississippi, Alabama, Georgia, South and North Carolina, Virginia, Maryland, New Jersey.

“This shutdown will have implications on both gasoline supply and prices, but the impact will vary regionally. Areas including Mississippi, Tennessee, and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases as early as this week,” said Jeanette McGee, AAA spokesperson in a news release. “These states may see prices increase three to seven cents this week.”

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28 thoughts on “Gas Prices Soar As Biden Was Unable to Prevent Cyber Hack!

      1. Maybe your the uncivilized jerk You really think this administration gives a shit about anyone The American political system is flawed and corrupt on all sides This country is Going to collapse as history shows from previous powerful countries

  1. If the pipeline serves Southern and East coast areas, why is it affecting Kansas City Missouri fuel prices. If fuel can’t be distributed to the Southern and Eastern facilities wouldn’t that cause a surplus in the other markets ?

  2. Whether or not Biden could have stopped this isn’t really the issue. We all knew what was going to happen to fuel prices the moment he was “elected”. This is just an excuse and though I don’t doubt that the hack happened I don’t doubt that it was contrived. There’s always a cover story for every single so called emergency. I trust no government agency nor politician. Everything is about money and anyone who doesn’t understand how the Uber wealthy get and retain power is in a state of denial. This is just the beginning of what every single conservative knew was coming. Hyperinflation I’d inevitable when we Hava tax and spend liberal in the white house. Did we forget about the Carter administration? Took us nearly a decade to recover. If you think I’m just making this up what exactly do you think was going to happen when the fifteen dollars an hour minimum wage came along? More of the same and you who buy into this dog and pony show deserve exactly what you are going to get. Stupidity has a price so rave on left wingers because in four years we conservatives will clean up your ridiculous foreseeable mess.

    1. Only way to fix the mess is to ship all extreme lefties to Venezuela and return America to a moral path.

    2. Don’t believe it will B ez 2 clean up after they vacate. The real question is will they vacate. The system is being rigged 4 a permanent power grab All stops must B pulled 2 prevent Pelosi from being in power @ 100.
      If the SK–K squad gets in2 power they wreak the nation in 2yrs. Then there’s the worst threat, Silicon Valley,
      I say worst meaning domestic only.

  3. Definitely Biden’s fault. The idiots would’ve blamed Trump if he was president

  4. Ever heard of a “negative IQ”?? Is it to time reveal the truth that democrats have “negative IQ’s”?

  5. I’m thinking this administration either allowed it, or did it themselves and was in collusion with the perpetrators.

  6. Looks like moderator has a problem with “return America to a moral path”.
    Moderator did not have a problem Terry wanting to have sex with biden(lowercase intentional).

  7. The Democrats really don’t think things through. Their ‘Green’ ideology is forcing our electrical providers to abandon coal for natural gas as the main energy source for producing electricity. Homeowners have ‘first dibs’ on the gas in the supply line, i.e., the utility must go offline first when the gas pressure is reduced. Today, the gasoline supply line is attacked. Wait until the natural gas supply is attacked in the middle of winter when homes are affected, but your electrical power plant goes dark. As those who studied history know from the Irish Potato Famine, “The most complex you are, the most stable you are.” But, the Democrats slept through school.

  8. And when the pipeline goes back in operation
    At we going to see the pricing go back down?
    Probably not
    Why
    Just like the phony gas shortage of the seventies and the bs pushed on us with Katrina
    This is nothing more than price gouging and another attempt to force fossil fuels to become out of reach for middle to low income

  9. The Colonial pipeline worked fine for many years before it was hooked up to the internet and high tech, but most people aren’t smart enough to realize that made us weaker, a soft target!

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