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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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 […]
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 […]
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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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 […]
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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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 […]
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 […]
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 […]
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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