Six states — Tennessee, Virginia, Georgia, South Carolina, Alabama and North Carolina — are facing possible gas shortages after a pipeline spill, officials said. The states have all declared states of emergency, citing concerns about “fuel supply disruptions” and “disruptions of gasoline” in the wake of the Colonial Pipeline spill.
The governor of North Carolina declared the state of emergency to “help ensure that there will be adequate supplies of fuel across the state and prevent excessive fuel pricing.” Prices on futures contracts for wholesale gasoline rose about 2 percent Friday to $1.46 a gallon after rising 5 percent on Thursday. READ MORE
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