4 Tips for Buying an Oil Storage Tank

Are you thinking of purchasing an oil storage tank? Oftentimes, your business requires some aspect of oil storage. For this reason, you may have looked into purchasing a tank to fulfill your needs.

Don’t make a decision without reading these tips first. This article will tell you everything you should consider about these tanks for purchase.

Your business may rely on one of these, so you don’t want to buy the wrong one. Let’s get into it!

1. Determine the Location of the Tank

Before you buy an oil and gas storage tank, it’s important to determine where you want to place it. Here are a few tips to help you choose the best location for your tank:

  • It should be close to your home or business
  • Avoid places that are prone to flooding
  • Choose a level spot
  • Select a place that’s easier to access
  • Assure your tank doesn’t tip over

Also, it is essential that your tank should be located away from any sources of heat or ignition, such as furnaces, water heaters, fireplaces, and stoves. Doing these allows you to ensure that your oil storage tank is placed in a safe and convenient location.

2. Know the Size You Need

A larger tank may be more expensive, but it will be less likely to need to be replaced as often. The most common type of oil tank is the above-ground storage tank. ASTs are usually made of steel or fiberglass and can range in size from 50 to 10,000 gallons.

The next most common type of oil tank is the underground storage tank. USTs are usually made of steel and can range in size from 500 to 10,000 gallons.

3. Consider the Material

The most common type of material used by oil storage tank industries is steel. Steel tanks are typically the most affordable option and offer a high degree of durability.

However, if you are looking for a tank that is more resistant to corrosion, you may want to go for a stainless steel option. Stainless steel tanks are often more expensive than their steel counterparts but offer a longer lifespan.

For ultimate durability, you may want to consider an aluminum tank. Aluminum tanks are the most expensive option but are also the most resistant to corrosion and offer the longest lifespan.

4. Compare Prices

Knowing the amount of oil you use and the size of your home or business matters. Always remember to compare prices and get a warranty or guarantee in writing after your purchase. This will protect you in case anything goes wrong with the tank after you purchase it.

Don’t just go for the first one. Get quotes from a few different companies to ensure you’re getting the best price. Many will offer discounts for customers who purchase multiple tanks or who sign up for a long-term contract.

Guidelines for Buying Oil Storage Tanks

If you are considering purchasing an oil storage tank, there are several things to remember. First, you should choose a tank that is made of high-quality materials. Second, always consider the size.

Finally, you should also think about where you will place your tank. By following these tips, you can be sure to find the perfect oil storage for your needs.

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