Explain in detail how the above situation or scenario led to increase in price of gasoline in East Coast of U.S. in May, 2021, and its residual effects are still felt currently at the gas pump.
Colonial Pipeline Co., is the largest fuel pipeline company in the U.S. It was cyber hacked around April 29, 2021. This cyber attack on Colonial Pipeline Co., led to shortage of gasoline across the East Coast of U.S. and beyond. It resulted to significant increase in price of gasoline in the East Coast of U.S. […]