Gas prices flirt with $3 a gallonUS gasoline demand jumped 20% on Monday compared with the prior week, according to GasBuddy. In just five states served by Colonial Pipeline — Georgia, Florida, South Carolina, North Carolina and Virginia -- demand was up by a collective 40.1%, GasBuddy said. GasBuddy lists smaller outages, impacting less than 1% of the gas stations, in Alabama and Tennessee. Northam said that while gasoline reserves in Virginia are "sufficient to address immediate supply concerns, he acknowledged that a prolonged pipeline closure will cause "gasoline supply disruptions to various retailers." In Georgia, Governor Brian Kemp signed an executive order suspending the state's gas tax to help drivers cope with higher prices caused by the Colonial Pipeline hack.

Source: CNN May 11, 2021 12:42 UTC