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Comparison Report: PADD 3 Gasoline Storage Demand (The Tank Tiger) vs. EIA Weekly End Inventory Levels

    The U.S. Gulf Coast has recently witnessed a remarkable downturn in gasoline prices, marking the lowest points in 2023. Prompt CBOB values at $2.024/gal, trading at a 19.25cts/gal discount to the RBOB futures contract, reflecting new 2023 lows. This trend has spotlighted gasoline’s sharp inventory build in the latest months. Refineries are continuing […]

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Oil’s Trick or Treat: Mergers and the Essence of Legacy – A Reflection on Recent Energy Consolidations

The energy industry was certainly served a platter of trick or treat this month with a couple of colossal mergers in the oil patch. First, ExxonMobil and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion. Next, Chevron said “hold my beer” and last […]

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A deep dive into the Renewable Fuels market with Andrea Valerio President and CEO of Verbio North America

Today on Tank Talk we dive into the Renewable fuel space. Our Guest on the show is Andrea Valerio President and CEO of Verbio North America. Andrea’s long career first started at ENI and eventually moved over to large trading commodity shops.  In this Episode, Andrea explains the growth of Verbio and their proprietary technology. […]

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

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 […]

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Crude Realities: The Rollercoaster Ride of Oil Prices and the Quest for Storage Space

What happens when you take precariously low oil inventories, pile on production cuts from two of the world’s largest producers, continue an ongoing war on the Russian front and mix in a war about to happen in the Middle East? One would think that oil prices would go to the moon, right? In actuality, it seems that […]

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The COO of Roady’s Truck Stops Tim LeBoutillier joins to discuss their growth and the expectations for Diesel Demand

Tank Talk Hosts Tim LeBoutillier the COO at Roady’s Truck Stops. In this Episode, Tim shares how Roady’s grew to what it is today and potential future growth. Tim also delves into his forecast for how many trucks we will see on the road as the year closes.    

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Middle East Tragedy and Energy Market Turbulence: ExxonMobil Megadeal, New Entrants, and the Importance of Physical Trading

It is impossible to contextualize the horror and tragedy of the terrorist attacks in the Middle East over the weekend. Although sanity and reason tend to normalize our moral compass, history tells us that the fabric of our being contains unsettling forces that has led to bloodshed and war over and over again for the past […]

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John Blanchard the CEO of Odfjell breaks down terminal M&A and difference between oil & Chemical terminals

Today’s guest on Tank Talk is John Blanchard CEO of Odfjell Terminals. John has an interesting career first starting in Finance & private equity and then moved over to the terminal world.  In this Episode, John shares his expertise and perceptions on the current M&A market for terminals, terminal operational insights, and bulk chemical storage […]

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Renewable fuel & feedstock storage requests on the rise

There’s certainly quite a bit of excitement in the air as we enter the 4th quarter.  What with meaningful football being played in Texas and with oil prices on a relentless climb to $100/barrel there are a lot of flying chest bumps echoing through The Lone Star State. People seem to be happier when football is good […]

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Rack talk.. The Heating Oil wholesale & Terminals With the President of United Metro Energy John McConville

Tank Talk discusses with John McConville President of United Metro Energy. John has had a long career covering many facets of the industry including Terminals, Wholesale & Supply/trading.  In this Episode, John shares his expertise and stories on the current wholesale environment, terminal operational insights, and his expectations for Winter.  

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