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Snapback from the 50s: Oil’s Slide, Tariff Tide, and Storage’s Sweet Spot

  Well….that escalated quickly. The whole world has not gone bananas…but there is a tariff on bananas. No one really knows what kind of quilt we will end up with when this tangled tariff sewing kit is put to sleep. What we do know is that it has cast a cloak of uncertainty upon markets, businesses and consumers […]

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Boom Boom Boom Goes the Contango Drumbeat

An old man sips on his sweet tea as he casts a curious eye towards the little boy digging feverishly through a huge pile of manure, moving a shovel full at a time from one pile and slowly building another. After a while, curiosity got the best of him and he asked the boy why he […]

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10 Year Anniversary Post

On April 2, 2015, we cracked open the wooden door in an old office building in downtown Princeton with nothing more than an idea and some used office furniture (see photo). That evening, we attended the Vessel Owner’s Dinner in Philadelphia to see if we could find anyone looking for tank storage and, hopefully, match them […]

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Gasoline, Distillate, & Crude Market Spotlight on Inventory release day

As of today, July 24, 2024, the price of West Texas Intermediate (WTI) crude oil is experiencing a moderate increase. The current spot price is approximately $81.25 per barrel, down slightly by 0.22% from the previous day but up by 5.44% from the same time last year. This slight decline comes after a bullish report […]

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