Author Archives: Ernie Barsamian

Presidents Day Reflections: Tank Tiger’s Weekly Roundup, Mergers in the Permian, and the Fossil Fuels!

February 22, 2024
Posted in Tank Blog
By Ernie Barsamian

For those of you who had yesterday off, we hope you enjoyed the long weekend in honor of Presidents Day. If you don’t know why we had the day off, perhaps these important facts will provide pause for some magnanimous reflection: James Madison (1809-1817): Madison was the shortest president at 5’4” and weighed barely over […]

Post Tagged with : oil storage, WTI

February 19, 2024
Posted in Podcasts
By Ernie Barsamian

Our Guest on the show is Rick Marriner CEO of Reliance USA & board member at Standard Soil. Rick has had a long career with a background as a trader at large Oil Majors Shell & Motiva. In this Episode, Rick explains the future landscape for renewable fuels & the tricks of trade for a […]

February 12, 2024
Posted in Podcasts
By Ernie Barsamian

In this Episode we continue our theme from last week of the power of data in oil trading space. Today’s Guest on Tank Talk is Dr. Florian Thaler, Head of OilX at Energy Aspects. Prior to OilX, Florian worked at oil major Shell in Hamburg and London in various oil analytics roles before moving to […]

Post Tagged with : Data, Oil

From Touchdowns to Tankers: A Super Bowl Weekend of Chiefs, Stocks, and Commodity Showdowns

February 9, 2024
Posted in Tank Blog
By Ernie Barsamian

Once again we are preparing to see the Kansas City Chiefs take on the San Francisco 49ers next Sunday. It was only 4 years ago where we saw the same matchup in Miami when fragile Jimmy G and the Niners had the lead with less than 3 minutes to go but Patrick Mahomes led the Chiefs […]

Post Tagged with : WTI

$7.3 Billion Power Move: The Midstream Phoenix Rising from Retail Ashes

January 24, 2024
Posted in Tank Blog
By Ernie Barsamian

There is really big news in the midstream space. Yesterday, Sunoco LP and NuStar Energy L.P. announced that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion. About 12 years ago, Sunoco sold off the last of its refineries and essentially self-liquidated into a […]

Post Tagged with : Midstream

January 22, 2024
Posted in Podcasts
By Ernie Barsamian

In this episode, Jeff Barsamian VP of Technology & BD at The Tank Tiger shares his insights on the evolution of technology in the oil industry, his thoughts on AI and data science and the macro outlook for the economy as a whole with a focus on the federal reserve.

Post Tagged with : AI, Technology

Crude Realities: Reflecting on 2023’s Record Oil Production, Wall Street Moves, and China’s Unconventional Ethanol Play

January 10, 2024
Posted in Tank Blog
By Ernie Barsamian

New Year…..same shizzle? Lil bit…not xactly. When the US Shale boom first ignited in the last decade, production growth was driving the bus and capital discipline was a big joke. Fast forward to today. The year 2023 saw the U.S. hit a record crude oil production level of over 13.2 million barrels per day—more than any other country […]

Post Tagged with : Oil, oil storage, WTI

Navigating the Energy Landscape in 2024: The Tank Tiger’s Guide to Storage Solutions and Market Insights

January 3, 2024
Posted in Tank Blog
By Ernie Barsamian

Happy New Year! Time to tie those shoelaces, straighten your backs and get back to business. If you’re like us, you’re extremely excited about the possibilities that the New Year will bring. To that end, if you have any storage ideas germinating, we’re here to assist you – at no charge. U.S. crude oil closed out the year more […]

Post Tagged with : OPEC

Activist Investors and OPEC+ Drama: Navigating the Turbulent Waters of Corporate Disruption and Oil Market Tumble

December 7, 2023
Posted in Tank Blog
By Ernie Barsamian

Once again, an activist investor (in other words: a bully with a bag of money), has appeared on the scene to disrupt the enterprise of a long standing integrated refining and marketing company. Last week, Elliott Investment Management unveiled a $1 billion stake in Phillips 66 and chirped about the company’s supposed underperformance. Their all too familiar strategy […]