Colonial Pipeline Trying To Catch Up

The video discusses the aftermath of a cyberattack on Colonial Pipeline, which led to a six-day shutdown and subsequent fuel shortages. Panic buying ensued, leaving many gas stations, especially in Washington DC, without fuel. Prices surged above $4 per gallon. Efforts are underway to restore supply in time for the Memorial Day weekend, marking the start of the summer travel season.

What event caused the Colonial Pipeline to shut down for six days?

• A cyberattack

• A natural disaster

• A labor strike

• A mechanical failure

What was one of the immediate effects of the pipeline shutdown?

• No change in gas prices

• Stability in gas prices

• Increase in gas prices

• Decrease in gas prices

Which area experienced significant fuel shortages with over 80% of stations empty?

• New York City

• Los Angeles

• Washington DC

• Chicago

What is the price drivers are paying for gas according to GasBuddy?

• $3 a gallon

• $5 a gallon

• $2 a gallon

• $4 a gallon

What event are companies aiming to restore fuel supplies in time for?

• Labor Day

• Memorial Day weekend

• Christmas

• Thanksgiving