Monthly Archives: April 2025

Post Image

WTI and the Terrible, No Good, Very Recession-y Quarter

It was about five years ago when oil prices plunged to negative $40 per barrel. Happy anniversary to those who were on the right side of that trade. Money, it’s a gas. Grab that cash with both hands and make a stash. New car, caviar, four star daydream. Think I’ll buy me a football team.   […]

Read more
Post Image

Snapback from the 50s: Oil’s Slide, Tariff Tide, and Storage’s Sweet Spot

  Well….that escalated quickly. The whole world has not gone bananas…but there is a tariff on bananas. No one really knows what kind of quilt we will end up with when this tangled tariff sewing kit is put to sleep. What we do know is that it has cast a cloak of uncertainty upon markets, businesses and consumers […]

Post Tagged with : ,
Read more
Post Image

Boom Boom Boom Goes the Contango Drumbeat

An old man sips on his sweet tea as he casts a curious eye towards the little boy digging feverishly through a huge pile of manure, moving a shovel full at a time from one pile and slowly building another. After a while, curiosity got the best of him and he asked the boy why he […]

Post Tagged with : , ,
Read more
Post Image

10 Year Anniversary Post

On April 2, 2015, we cracked open the wooden door in an old office building in downtown Princeton with nothing more than an idea and some used office furniture (see photo). That evening, we attended the Vessel Owner’s Dinner in Philadelphia to see if we could find anyone looking for tank storage and, hopefully, match them […]

Post Tagged with : ,
Read more