DSCC : Gas Prices Jump Throughout Delaware And Maryland

Press release from Delaware State Chamber of Commerce:

5/10/2021

Colonial Pipeline issues could send prices higher; Delaware and Maryland seeing increases of at least seven cents on the week Delaware and Maryland drivers are seeing a jump at the pump as they start the week as gas averages have increased at least seven cents in many areas. AAA forecasts gas prices to climb this week in reaction to the shutdown of the Colonial Pipeline, which delivers approximately 45% of all fuel to the East Coast. Over the weekend, the Colonial Pipeline announced they were the victim of a cybersecurity attack and, as a precaution, shut down the pipeline, which runs from Texas to New York Harbor. At this time, some lateral lines have reopened, but there is no word of when the mainline, including the gasoline line, will be operational. The nation’s top 10 largest weekly increases: Michigan (+15 cents), Kentucky (+12 cents), Florida (+10 cents), Delaware (+10 cents), Indiana (+10 cents), West Virginia (+9 cents), Utah (+9 cents), Texas (+9 cents), New Jersey (+8 cents) and Pennsylvania (+7 cents). On the week, the national gas price average jumped six cents to $2.96. If the trend continues, an increase of three more cents would make the national average the most expensive since November 2014 –the last time we saw average prices at $2.99 and higher.

CURRENT AND PAST GAS PRICE AVERAGES

Regular Unleaded Gasoline (*indicates record high)

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