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Category Archives: Tank Blog

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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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Storms, Oil, and Markets: A Week of Wild Weather and Economic Whirlwinds

Last week in the Gulf Coast, it was raining cats and dogs….. but fortunately nobody ate them.     It could have been much worse, but the damage from Category 2 Hurricane Francine was not too severe despite the 6 – 9 inches of rain. A notable event was that a huge oak tree in Watson, Louisiana split apart […]

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Drill Baby Drill? Maybe We Already Are: The Paradox of Falling Gas Prices and Record Oil Production

We have to drill baby drill?  Or maybe we already are. With crude prices dropping, gas prices at the pump are following suit. Indeed, US gas prices hit a six-month low of $3.31 a gallon last week, down 50 cents from this point last year, according to AAA.   By Thanksgiving, up to 40 states could be below $3 a gallon, according […]

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Labor Day Reflections: Celebrating Workers, Oil Markets, and Securing Storage with The Tank Tiger

Yesterday we celebrated the summer/fall tweener holiday which is Labor Day. We hope everyone enjoyed their time off. It is a day to honor and celebrate the American labor movement and the contributions of workers to the country’s strength, prosperity, and well-being.  The holiday originated in the late 19th century, as labor activists pushed for a federal holiday […]

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Jet Fuel Jitters and the AI Hype: Why The Tank Tiger is Your Go-To Scout in a Tight Market

Last week, The Tank Tiger had a very good customer ask us to issue an anonymous inquiry on their behalf for Jet Fuel storage in California.  The sudden need for Jet Fuel storage was exacerbated by the Crowdstrike failure that grounded thousands of flights and necessitated the storage of unconsumed Jet Fuel. (Aside from that and with full disclosure, […]

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Tariffs, Oil, and The Boss: Unpacking the Impact of New Legislation and Market Shifts

US Senator Lindsey Graham has proposed new legislation to impose tariffs on nations buying crude oil or petroleum products from Iran. Due to growing demand, Iran is now looking to increase its output by 20% increase over its existing production.    So the way this would work would be that any country buying Iranian oil would then be penalized […]

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