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Over 100 tanks in stock. P.O. Box 500 • Beach City, Ohio 44608
1-800-TANKERS (1-800-826-5377) 330-756-2030
email@example.com • enespañol • www.superiortankinc.com
Buckeye Tank & Trailer
3618 Millbury, OH 43447
Superior Tank & Trailer
New Point, IN
New Polar Asphalt Trailers,
Aluminum tank, Air ride, Alum
New Polar 9500X4 compartment,
Air ride suspension, Aluminum
New Etnyre asphalt trailer,
7250 gallon, aluminum tank,
Air ride suspension, Aluminum
2015 Polar, 1000 cu ft, alum air
ride, alum wheels.
2002 Heil, 1040 cu ft, Aluminum
tank, Air ride, Aluminum wheels.
New 7000 gallon DOT 407, Air ride
suspension, aluminum wheels.
New Countryside, MC 331 trailer,
10600 gallon, Air ride, Aluminum
New Bulk 5600 gal, 30” deep drop,
Trailking 1000 cu ft, alum end
frames, air ride, alum wheels. Unit
(Oil market continued on page 23)
Politics, demand will shape
The summer season is well
underway. As usual, business has
slowed as employees take vacations
and the summer heat in the northern
hemisphere stalls productivity. In
the energy trading world, the U.S.
recently celebrated its national
birthday; Saudi Arabian businessmen
are back from Eid, a holiday following
the month of Ramadan; and much of
the world is preparing for time off this
It seems as though little happens
in the oil markets during the summer
months, but there are still issues for
energy investors to keep in focus,
even if they’re sitting on the beach.
1. Political and Economic
Turmoil in Venezuela:
Protests against the Maduro
government continue, as does
Venezuelans continue to starve, and
oil production there has slowed to a
Venezuela currently reports its
official production at 1.972 million
barrels per day (bpd), but there
are serious indicators that its oil
company, PDVSA, will not be able to
sustain even that level of production
much longer. Venezuela’s economy
is forecast to contract by 5. 5 percent
To date, oil speculators seem to
have largely ignored the situation
in Venezuela. If something major
happens -- sabotage or strikes, for
example -- it could cause a spike in
global crude prices. Smart investors
continue to watch for major news
2. Summer Gasoline Demand:
Summer is always the preeminent
season for fuel usage. As the global
oil market continues to struggle with
a glut of oil and excess oil in storage,
strong gasoline demand this summer
would help lift crude oil prices.
In the United States, where people
love to drive, a strong economy
generally indicates that Americans
will travel across the country by
car for trips to family and tourist
destinations. Americans currently
have high hopes for the economy, so
look for Americans to travel much
this season and use more gasoline.
Mexico is also increasing its gasoline
imports after a fire damaged its
primary crude oil refinery, so look
for increased gasoline exports from