U.S. Grants Jones Act Waiver to Company to Ease Fuel Supply Shortages after Cyber-attack on Pipeline


May 13, 2021
Credit: Jose Gil/AdobeStock

Credit: Jose Gil/AdobeStock

The U.S. Department of Homeland Security has approved a Jones Act waiver request to an individual company to ease fuel supply constraints between Gulf Coast and East Coast ports, Secretary Alejandro Mayorkas said in a statement.

The Jones Act requires goods moved between U.S. ports to be carried by ships built domestically and staffed by U.S. crews.

Privately owned Colonial Pipeline began to slowly restart the nation's largest fuel pipeline network on Wednesday after a ransomware attack shut the line, triggering panic buying and fuel shortages in the southeastern United States.

But it will take several days to return to normal operations.

Mayorkas did not name the company to which the temporary and targeted waiver was granted, and said the approval was given in the interest of national defense, after consulting the Departments of Transportation, Energy, and Defense.

"This waiver will help provide for the transport of oil products between the Gulf Coast and East Coast ports to ease oil supply constraints as a result of the interruptions in the operations of the Colonial Pipeline," he said.

Separately, White House Press Secretary Jen Psaki said in a statement that the Biden administration will stay in contact with Colonial Pipeline, and offer any assistance to them as needed in the coming days.

The White House will work with the Department of Homeland Security and other agencies to mitigate any challenges, she said, and urged people not to hoard fuel and only purchase what they need. 

(Reporting by Bhargav Acharya and Aakriti Bhalla in Bengaluru; Editing by Kim Coghill)

No comments

More Popular Posts

About Crude Oil Facilitators

Crude Oil Facilitators are dedicated global brokers and facilitators of crude oil buying and selling. We work directly with crude oil buyers and crude oil sellers worldwide. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the brokering of crude oil and other petroleum products buying and selling.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Facilitators, click here ». To learn more about Crude Oil Facilitators, click here

Crude Oil Facilitators