Today, The Tank Tiger is just wrapping up our annual visit to the IPC AFPM in San Antonio. It was awesome to see that our service is really growing in the chemical space to go along with our traditional bread and butter role on the petroleum side of the biz. Speaking of chemicals, check out our newest […]
Image Source: Unsplash ## Introduction to Crude Oil Storage Terminals As someone who has closely followed the oil industry for many years, I have come to appreciate the pivotal role that crude oil storage terminals play in ensuring stability and efficiency. These terminals are the backbone of the oil industry, serving as strategic hubs where […]
March Madness is upon us. For today, at least, your brackets are perfect and it won’t be long before they are busted. If you are an alum of Wagner, Howard, Stetson or Longwood then now’s your chance to go mental. If you’re a Seton Hall fan, you’re all sad. Let us not forget that the NCAA wrestling finals will […]
Greetings from Grapevine, TX…..it was great to see the gaggle of midstream and downstream aficionados running around and getting lost like chickens with no heads at the Gaylord hotel. It was great to mix it up with the bent elbows as they not so humbly and endlessly wassailed about their refining and trading accomplishments of 2023. Kudos […]
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 […]
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 […]
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 […]
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 […]
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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 […]
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 […]
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