Unlocking the Hidden Value of Your Storage Lease: How The Tank Tiger Can Help You Strike Gold
You may be sitting on a gold mine. That’s right, if you have a term storage lease, it is quite possible that more value can be extracted from that lease if you turn around and sublease it to another party. Of course, you might think that even if you’re sitting on a gold mine, you still have to dig. That’s no longer true. The Tank Tiger is here to find you a suitable tenant for your sublease. We’ve got the picks and shovels. Here’s a brand new example: We just listed 2 x 100,000 barrels of Aromatics/Petchem/Chemicals/Gasoline Components/Methanol storage at a premier terminal storage facility in Houston. If interested, we’re happy to tell you more. Want to know more about what people are paying for storage today? Ha ha ha…don’t make us laugh. We have over 9 years of storage pricing data to show you. Can you dig it? Brent crude futures ended the week at $82.79 with WTI hitting the tape at $78.26 a barrel – both indexes down about 0.2% for the work week. Diesel is firmly in contango and The Tank Tiger will gladly show you some tanks hungry for your distillate. That’s right, put your HO HO HO in every area code.
The inflation weather vane has been swinging wildly lately. That’s why tomorrow’s scheduled U.S. retail sales and CPI reports are going to get more eyeballs than Taylor Swift at the Super Bowl. All of the influencers on Instagram will be spewing out their interest rate cut expectations subsequently. In Europe, there already is some restlessness as unemployment is rising and growth is petering out. As a result, Sweden, Switzerland, Hungary, and the Czech Republic have already cut their interest rates. We’ll likely see more of this from the ECB and the rest of Europe. The stock market is liking all of this, especially since the Q1 numbers have averaged 5% growth in earnings per share. World stock indexes are back within 0.5% of record highs. Inflation sucks and prices are higher, but people who know how to look at ALL of the data, and take the time to ask the right questions, will tell you that the economy is actually very good right now. Of course, not everyone is listening.
