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Category Archives: Tank Blog

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Oil Market Twists: Backwardation, Geopolitics, and a Big Midstream Move

  Just when we all thought that our friend the contango was putting on its Captain Comeback cape, the proverbial rug was pulled out from under it last week.   Oil prices continue to rise, fostered by increased demand for heating fuels due to colder-than-normal weather in the Northern Hemisphere. Oil prices rose to their highest levels […]

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Happy New Year, Market Reflections, and a Decade of The Tank Tiger

Happy New Year to all! We hope that you spent New Year’s Eve doing something eventful. Perhaps spending the evening with friends and watching football at home was your bag. Just think, we could end up with the 2nd place and 3rd place Big 10 teams playing for the National Championship. Yippee…that makes so much sense…good thing we have […]

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Drones, Deals, and Jumbo Crabs: A Holiday Buzz in the Oil Industry

There has been much hub bub on the news these days about drones. It’s somewhat perplexing. A drone is a male bee. Unlike the female worker bee, a drone has no stinger. He does not gather nectar or pollen and cannot feed without assistance from worker bees. His only role is to mate with a maiden queen […]

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Tanks, Tariffs, and Touchdowns

Pop quiz: What do Dayton (TX), Houston, Providence, New Orleans, Barnesville (PA), Blytheville (AR), Tampa, Richmond (VA) and Springfield (MA) have in common?  Come on…that’s easy, they are all terminal facilities with available capacity that are presently listed with The Tank Tiger.  In fact, there are over 120 facilities presently listed with The Tank Tiger that are actively […]

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Oil Rallies, Markets Wobble: A Week of Surprises in Crude, Stocks, and Consumer Trends”

It’s never a dull moment in the oil markets, and this week was no exception. Crude prices decided to channel their inner gym bro and bulk up, with Brent crude jumping $2.26 to flex at $73.30 a barrel and WTI gaining $2.14 to settle at $69.16. The catalyst? A production halt at Norway’s Johan Sverdrup […]

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Market Movements, Military Might, and Halloween Treats: A Spooky Week for Oil, Stocks, and Storage Demand

While many were watching Notre Dame show its dominance over Navy and cover the spread, Israel also demonstrated its military might with a long awaited choreographed face painting counterattack and destruction of Iranian military targets while staying away from oil and nuclear infrastructure. The action was not unlike the gym bro who bench presses 315 lbs […]

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Tank Storage Demand Surges Despite Oil Market Turbulence: A Look at Industry Trends and Consolidation

Despite the phony propped up backwardation that we’re seeing in the oil markets, The Tank Tiger has been fielding inquiries for tank storage. Last week we published requests for Ethanol, Gasoline, Diesel, Base Oil, Lube Oil, Renewable Diesel, and crude oil covering the US Gulf Coast, US East Coast and the Pacific Northwest. If you’d like to […]

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Shifting Tide of Oil Markets: Embracing Change and Opportunity

Depending on where in the United States you live and whom you work for, yesterday might have been a day off with pay, another holiday entirely, or no different from any other Monday. Officially known as Columbus Day, the second Monday in October, is one of the most inconsistently celebrated U.S. holidays. It’s one of 11 […]

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Whiplash on Wall Street: Oil Surges, Hurricane Milton Looms, and Unlikely Football Triumphs

It’s always the unexpected events that make the eyes grow wider. Hurricane Milton is zeroing in on the Florida Gulf Coast. Middle East tensions are crackling as the threat to oil supply in the Middle East is whipsawing the commodities markets. For the first time in 40 years, Vanderbilt beat Alabama in football, and the goal posts are now […]

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Tick Tock: The Fed Cuts Rates, Markets Rally, and Oil Wobbles – Navigating Uncertain Times

Yay…we did it. The Fed cut interest rates by a robust 50 points last week. It was the first rate cut since March 2020. Does anyone even remember 2020 anymore? The Fed is now satisfied that they have inflation in a hammerlock and are “recalibrating” to support the labor market and economic growth. To that end, they see a […]

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