Author Archives: Ernie Barsamian

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Drill Baby Drill: Money Talks, but Rigs Walk – The Treadmill of Oil Production

“Drill baby Drill”  It’s a lot of fun to say, and some people think it makes them look smart when they say it. But if you ask domestic producers, it really doesn’t make any sense. If their financial backers thought that they could make money by drilling, they’d be drilling…baby. It’s not about politics. It’s about the Benjamins. Last week, rigs […]

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Pennsylvania: New Listings for Distillate and Gasoline Storage, Eclipse in Titusville, and Market Updates

Fair Harvard has her crimson, Old Yale her colors too, But for dear Pennsylvan-i-a, We wear the Red and Blue. Hurrah! Hurrah! Pennsylvan-i-a. You don’t have to be a cheesesteak loving, pretzel hugging Penn Quaker to enjoy the fruits of Pennsylvania. But when it comes to terminal storage, we’re exceedingly delighted to announce that we have no […]

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