Or worse - rapidly open & close valves in rhythm, and the water hammer effect (the inertia of the petroleum in the pipeline) would cause the pipeline to destroy itself. The repair costs would be astronomical - you'd naturally have to repair the damaged sections, but then also re-test all the welds to see if any had been weakened by the pressure pulses.
Onion-layer security rather than air gaps. Communication through the firewall isn't supposed to allow control over the valves, but it does communicate both ways (TCP/IP). This is the general practice in petrochemicals, at any rate.
Think what would happen if the autopilot suddenly went berserk and did a hardover.
I haven't seen any evidence that the "OT" side of their network was compromised in a way that would cause physical damage, a la Stuxnet.
I could imagine a situation where information another network (e.g. orders or incoming flows from another customer or user) is necessary to run the pipeline but unavailable to use to operate the pipeline control system.