Oil (Petroleum) and Gasoline

Flying and Climate: Airlines Under Pressure to Cut Emissions

The worst of the pandemic may be over for airlines, but the industry faces another looming crisis: an accounting over its contribution to climate change. The industry is under increasing pressure to do something to reduce and eventually eliminate emissions from travel, but it won’t be easy. Some solutions, like hydrogen fuel cells, are promising, …

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Colonial Pipeline Paid Roughly $5 Million in Ransom to Hackers

In a separate ransomware attack on the Washington, D.C., Metropolitan Police Department, hackers said the price the police offered to pay was “too small” and dumped 250 gigabytes of the department’s data online this week, including databases that track gang members. In his remarks on Thursday, Mr. Biden seized on the Colonial Pipeline hack as …

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Pipeline Hack Points to Growing Cybersecurity Risk for Energy System

In the past, energy companies typically kept the operational systems that run pipelines or power plants disconnected, or “air gapped,” from the broader internet, which meant that hackers could not easily gain access to the most critical infrastructure. But increasingly that’s no longer the case, as companies install more sophisticated monitoring and diagnostics software that …

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How the Colonial Pipeline Became a Vital Artery for Fuel

The reason for their decline is the “energy independence” that has been a White House goal since the Nixon administration. As shale exploration and production boomed beginning around 2005, refineries on the Gulf Coast had easy access to natural gas and oil produced in Texas. That gave them an enormous competitive advantage over the East …

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Pipeline Shutdown Has Had Little Impact on Supplies So Far

HOUSTON — The shutdown on Friday of the largest petroleum pipeline between Texas and New York after a ransomware attack has had little immediate impact on supplies of gasoline, diesel or jet fuel. But some energy analysts warned that a prolonged suspension could raise prices at the pump along the East Coast. Nationwide, the AAA …

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