Business & Tech

DSCC : AAA: Colonial Pipeline Restarts - Motorists To See Relief

See the latest announcement from Delaware State Chamber of Commerce.

5/13/2021

Motorists in the southeast can expect to see fuel flowing at local pumps in coming days. Late on Wednesday, the Colonial Pipeline announced the restart of pipeline operations. While it will take several days for operations to get back to normal, this news will help to ease the supply strain seen on the East Coast – especially in southern Virginia, the Carolinas, Georgia and Tennessee. These areas are experiencing reduced fuel availability in parts of their markets. “The restart of the pipeline is very positive news for motorists,” said Ken Grant, manager of Public and Government Affairs for AAA Mid-Atlantic. “While impact won’t be seen immediately and motorists in affected areas can expect to see a few more days of limited fuel supply, relief is coming. Station pumps will be full of fuel in several days. This is an especially good update ahead of the Memorial Day holiday.” From the time the pipeline was taken offline on Friday until Thursday morning, the national gas price average increased 8 cents. That pushed the average to $3/gallon this week – the highest average since October 2014. The national average is likely to continue to see fluctuation in the coming days and states where prices have spiked will see some relief as the pipeline becomes fully operational.                                                        CURRENT AND PAST GAS PRICE AVERAGES                                                                              Regular Unleaded Gasoline  

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This press release was produced by Delaware State Chamber of Commerce. The views expressed here are the author’s own.