Skip to main content
You have permission to edit this collection.
Edit
VIDEOS: 'Panic buying' means long lines at gas pumps in Virginia and North Carolina
0 Comments
alert

VIDEOS: 'Panic buying' means long lines at gas pumps in Virginia and North Carolina

  • 0

Virginia Gov. Ralph Northam on Tuesday declared a state of emergency in Virginia because of gasoline supply disruptions caused by a cyberattack on the operator of a key East Coast fuel pipeline.

Josh Stein, attorney general for North Carolina, invoked the state’s price gouging law Tuesday following Gov. Roy Cooper’s declaration Monday of a temporary state of emergency related to the pipeline shutdown.

The emergency declarations came as a gas-buying panic appeared to be spreading in Southeastern states. About 7.7% of the nearly 3,900 gas stations in Virginia were without gasoline on Tuesday, according to GasBuddy.

Michael Walden, an economics professor at N.C. State University, said gas prices could go up as much as 30 cents a gallon over last week when factoring a reduction in supply combined with rising demand for gas as the economy recovers.

0 Comments

Related to this collection

Get up-to-the-minute news sent straight to your device.

Topics

Breaking News