Up and down the East Coast, people are flocking to gas stations to fill up their vehicles.

GasBuddy, a website dedicated to finding real-time fuel prices, found that demand for gasoline rose 32.5% on Monday due to the shutdown of the Colonial Pipeline.

PADDs (Petroleum Administration for Defense Districts) are used to control allocation of gasoline or diesel. PADD 1 is the East Coast, where demand surged more than 32% on Monday.

The Colonial Pipeline supplies a good portion of oil and gas to the region. It was shut down last Friday after hackers gained access to the pipeline.

According to The Wall Street Journal, gasoline futures prices have already jumped more than 50% this year.

As a smart investor, you may be pondering whether now is a time to exit some of your oil and gas positions.

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