By Shariq Khan
NEW YORK (Reuters) – With Hurricane Milton set to make landfall on Florida’s Gulf Coast, nearly a quarter of fuel pumps in the state are already out of gasoline. More than a million residents are under evacuation orders, causing fuel shortages from Tampa to Orlando.
As of noon eastern time on Wednesday, 24% of nearly 8,000 gasoline pumps in Florida were reported to be out of fuel, a significant increase from the previous evening. The state, being the third-largest gasoline consumer in the United States, relies on shipments from outside sources due to the absence of refineries within its borders.
Milton’s predicted path over Tampa Bay, where crucial fuel import and storage terminals are located, poses a serious threat to Florida’s fuel markets. Analysts warn that significant damages to Gulf Coast ports or fuel terminals could disrupt re-supply efforts after the storm passes.
Energy companies like Kinder Morgan, Chevron, CITGO Petroleum, and Buckeye Partners have taken precautionary measures by shutting down terminals in Tampa to mitigate potential damages. Kinder Morgan has also closed its Central Florida Pipeline system, impacting the transportation of gasoline, ethanol, diesel, and jet fuel.
As the situation worsens, wholesale fuel distributor Mansfield has suspended fuel deliveries to Tampa and Orlando, with other Florida markets on standby for potential disruptions. The Energy Information Administration reports that over 17 million tons of petroleum- and natural gas-related products pass through Tampa Bay annually.
In conclusion, the looming threat of Hurricane Milton and its potential impact on Florida’s fuel supply chain have led to widespread fuel shortages and disruptions in the state. Energy companies are taking necessary precautions to safeguard their assets and ensure minimal disruptions in fuel supply post-storm. Residents and businesses in Florida should stay informed and prepare for potential challenges in accessing fuel in the coming days.