[Jaxonalden]

Wow, a flashing oil temp idiot light means low coolant level? That's a new one I have to put in my troubleshooting notes. If the coolant was low, in this case leaking and not allowing the coolant system to pressurize, the water temp would be above normal also. If the oil temp light was accurate I would say; 1. Check the oil level. 2. Check the electric connection at the temp sensor. 3. Check if the oil temp is actually high when the lights on (diagnostics). 4. Insure the oil cooler has coolant running through it (this might be where your coolant leak is coming from).

Please keep us informed as to the fix.

I just reread your post, you said " I noticed a little red light blinking on my dash board on the oil temperature gauge". I went out and looked at my car, are you talking about the coolant light blinking? That's water temp not oil. I believe the light is for overheat and if the gauge is reading fine it must be the sending unit for the light.