Blog Archives

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

September 27, 2024
Posted in Tank Blog
By Ernie Barsamian

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 […]

Post Tagged with : Brent, Interest Rates

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

September 19, 2024
Posted in Tank Blog
By Ernie Barsamian

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 […]

Post Tagged with : Interest Rates, Oil Storage Price

Name Your Price: The Tank Tiger and the Volatile Markets – A Look at Storage, Rates, and Oil Prices

October 27, 2023
Posted in Tank Blog
By Ernie Barsamian

Who remembers the old Priceline commercials? William Shatner, with his compelling narrative, would tell us all about how we can get hotel rooms and air transportation at whatever price we wanted. All we had to do was name our price. We could go as low as we wanted, and no one would know what a cheapskate you were […]

Post Tagged with : Interest Rates, WTI