Energy Secretary Warns Against Panic Buying; 1,000+ Gas Stations Out of Fuel as Pipeline Stays Down
More Americans are feeling the effects of the crippling cyber attack on the major U.S. pipeline, Colonial Pipeline. Gas prices continue to rise, and some are warning it's not the end. The national average price for a gallon of gas hit $3 on Wednesday, the highest in six and a half years.
The Energy Secretary, Jennifer Granholm trying to allay fears about what might be 'yet to come.' She said Tuesday, “Let me be really clear the crunch is in the areas affected by the pipeline, the main spurs of the pipeline, so that really is the south east about 70% of the supplies of North Carolina, South Carolina, Tennessee, Georgia, and especially southern Virginia are impacted the most.”
Businesses are struggling. The number of job openings far outstrips the number of people applying, and people are trying to figure out the reason why. President Biden says it's not due to the pandemic unemployment benefits.
But some governors disagree. They're ending unemployment benefits several months early. Alabama is joining a growing list of states rolling back unemployment benefits. Arkansas, Mississippi, Missouri, Montana, and South Carolina are also ending the government benefits early. And Florida is set to follow.
Tune into Deep Dive as we explore these topics and more.
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