Before the cyber attack, Biden-Harris already took gas to $3 by shutting down Keystone and Federal land oil production. A ransomeware attack on the pipeline only exacerbates their negative oil policies and causes more pain for working and middle class families.The Colonial Pipeline was ransomeware attack by "The Darkside", a group of Russian hackers.
What would happen to the US if there was a coordinated cyber attack by state actors, China, Russia, Iran, NK???
Last winter the state of TX was shut down by a cold snap, WTF??
My point is, if the stupid coxuckers running companies can't do an effective job, maybe we need "big brother" to look over their shoulder to protect the country from corporate negligence?
Just imagine the electric grid going down, and refineries and pipelines going down. In 2021 you would think that the US wouldn't be so vulnerable to cyber attacks. If the Federal government won't step up, maybe the States need to protect their citizens better?
No he did not. The fuel markest are focused on the weekly numbers for oil and gas. They do not care about Keystone. Barack Obana placed a moratorium of drilling on federal lands and oil production still went up.
The weekly numbers are reflective of supply and demand. Production and infrastructure influence supply and demand.
Traders look at the cold, hard numbers. They don't say that maybe a policy will affect supply 2 years from now. No one can predict supply that far in advance.