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Gov. Ron DeSantis on Tuesday declared a state of emergency in response to a cyberattack that shut down a major pipeline. Drivers in Florida and neighboring states have rushed to the pumps creating what analysts say is unwarranted panic-buying among drivers.
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Among the states hit by the gas shortages, Florida was the least affected. The attack will have its biggest impact on the Panhandle.
Historically, Florida’s gasoline was supplied from the U.S. Gulf Coast (USGC) and augmented with imports, particularly from Caribbean refineries. However, since 2007, Florida gasoline consumption (as measured by prime supplier sales) has fallen 90,000 barrels per day (bbl/d) to an average of 465,000 bbl/d in 2013. Imports have also fallen as a result of lower consumption and the 2012 idling of two refineries in Aruba and on Saint Croix, in the U.S. Virgin Islands, which used to supply Florida with substantial amounts of gasoline. As a result, USGC refineries have increased their share of Florida’s gasoline supply.