Wanted: Somewhere, Anywhere, to Store Lots of Cheap Oil

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“You show up with a bucket to put it in, they’ll sell it to you.” Oil is plentiful but storage is tricky. Some are getting creative.

Rhett Kenagy and a high-school pal recently came up with a plan to rent hundreds of school-bus-size metal tanks and fill them with some 270,000 barrels of oil.

The two are among the entrepreneurially minded individuals who hope to turn a buck from the crash in oil prices. With demand way down and companies running out of places to put crude, these people are floating schemes to sock it away until prices rebound wherever they can: in caves, abandoned rock mines and even giant pools.

 

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Pump it out onto Saudi sand.

Maybe we could store it in the ground

What about in water reservoirs, or that maybe what u were saying? Who needs that, anyway.

It will evaporate. Total loss

Some things have been tried before:

Trump filled all of our oil reserves prior to oil crashing. Coincidentally

Because the EPA won't allow it.

In an open pool? Wall street journal seriously suggesting it as a possibility?

قنبلة موقوتة دائمة الخطر الكارثي..

Or at Grandma house 😁

It is really a good business with which you will be earning a lot of money, but what should be answered by the government is whether it will allow you to do so. The number of things you buy in a supermarket is limited, to say nothing of these things.

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Looks like California will have a huge empty manufacturing plant to store the oil - oh the irony

...yet liberals try to prevent Trump from filling up the national oil reserves.

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