Rail Car Storage - $$$MR. MARKET$$$ in the Wall Street Journal

[mrmarket]

If any of you subscribe to the Wall Street Journal, you might want to see who is quoted at the end of this article:

http://www.wsj.com/articles/the-new-oil-storage-space-railcars-1456655405?tesla=y

[Louetta]

If any of you subscribe to the Wall Street Journal, you might want to see who is quoted at the end of this article:

http://www.wsj.com/articles/the-new-...655405?tesla=y

Fantasmal, Large Person.

[billyjoe]

I couldn't get in to WSJ but found it elsewhere
As central storage hubs fill up, oil companies are more willing to pay for expensive and remote types of storage, said Ernie Barsamian, principal of the Tank Tiger, which keeps a database of companies looking to buy and sell oil storage space.
The Tank Tiger posted an inquiry Wednesday on behalf of a client seeking 75,000 barrels of crude-oil storage or space to park 100 to 120 railcars loaded with crude.
Mr. Barsamian likened the disappearance of available storage to a coloring book where nearly all the white space has been filled in.
“You’re getting closer to the edges,” he said.


--------------billy

[jiesen]

You sure called it! A great market to be dominating right now, Huge One... Out of storage space? Tank Tiger to the rescue... love it!

[Phoenix7]

If any of you subscribe to the Wall Street Journal, you might want to see who is quoted at the end of this article:

http://www.wsj.com/articles/the-new-...655405?tesla=y

Oil is also being stored in Oil tankers at sea!