Mid-South gas shortage explained - Action News 5 - Memphis, Tennessee

Mid-South gas shortage explained

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MEMPHIS, TN -

(WMC-TV) - The Mid-South is experiencing a gas shortage. Viewers brought this to our attention on the Action News 5 Facebook page.

There's been a gas shortage here in the Mid-South, but both refinery and retail sources insist that it's only impacted the availability of regular unleaded at some locations, not the price.

In fact, a spokesperson for Flash Market fuel stations said THIS Flash Market on Getwell Road was without regular unleaded gas for 12 HOURS yesterday, until Flash Oil was able to muster up an emergency load from its sources in Nashville about 9:30 this morning. >

Our gas sources say maintenance issues at the Memphis Valero plant, as well as delays at the Exxon and Lion plants due to our recent floods is what caused the dip in gas supply.

"We are only supplying product to our branded customers, and they are now allocated to 50 percent," said a Valero spokesperson. "The maintenance work is now completed and we are starting up the process units. Our goal is to return to full operations before the end of the week."

Jamie Patterson, of Flash Oil and Flash Markets, said if it were a month long shortage, it most certainly would have raised prices on regular unleaded gas. But since the shortage should be over by Friday, and since some retailers are maintaining supply by pulling loads from Nashville and Little Rock, gas prices will vary on a station-by-station basis.

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