Author: staff

The sectors of the economy that face the most difficulty in regaining all their lost jobs are the service sectors that were hit hardest by the pandemic recession: Restaurants, bars, hotels, gyms, and entertainment venues. Though college graduates often take such jobs temporarily, they typically seek out careers in professional or technical fields, where job losses were far less severe last year and are now recovering.

“The time of the outage is now approaching critical levels and if it continues to remain down we do expect an increase in East Coast gasoline and diesel prices,” said Debnil Chowdhury, IHS Markit Executive Director. The last time there was an outage of this magnitude was in 2016, he said, when gas prices rose 15 to 20 cents per gallon. But the Northeast had significantly more local refining capacity at that time, potentially intensifying any impact.

Traffic on Interstate 95 passes oil storage tanks owned by the Colonial Pipeline Co. on Sept. 8, 2008, in Linden, New Jersey. A major pipeline that transports fuels along the East Coast had to stop operations because of a cyberattack. (Mark Lennihan/AP Photo)

About 2:45 a.m., a sedan was driving east on West Jefferson Street approaching Raynor Avenue, according to a news release from the Joliet Police Department. The car failed to follow a curve in the road and drove off the road, striking a tree and a traffic signal, police said.