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Drain and Remove an Old Oil Tank

  • Transcript

    LESLIE: Alright. Our next caller downloads The Money Pit on her podcast to her iPod. And if you’re not a Money Pit subscriber or a listener on your podcast, you can do so by sync and go at MoneyPit.com like Jeanette does in Pennsylvania. What can we do for you?

    JEANETTE: Hi, yes. I have a question. I currently had switched from oil to gas heat. And when I got the gas put in, they told me that the oil company would just come out and pump out the old oil for me.

    TOM: OK.

    JEANETTE: However, they’re … they … I called several oil companies and nobody will pump out the oil for me. So, now I have oil just sitting in my basement and I’m hoping to try and figure out how to get rid of it.

    TOM: So the oil tank is in the basement?

    JEANETTE: Mm-hmm.

    TOM: Hmm. Well what …

    JEANETTE: It’s above ground, though.

    TOM: I understand. What you’re going to have to do is you’re going to have to call a tank remediation company. There are companies out there that specialize in removing oil tanks.

    JEANETTE: Mm-hmm.

    TOM: And that service includes removing … you know, pulling the old oil out of the tank and then, of course, in your case, cutting that tank apart and getting it out of your house. The oil dealers themselves really can’t take the oil back because it would be, technically, contaminated and probably illegal for them to do that. So the oil dealers are not the right contractor to call. You want to call an oil tank remediation contractor. And there’s lot of those guys around and they work generally with abandoned underground storage tanks. But in your case, they clearly could remove the oil from an existing tank.

    JEANETTE: OK, great. Thanks. That really helps.

    TOM: You’re welcome, Jeanette. And thanks for downloading the podcast at MoneyPit.com.

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