The Basics of the API 653 Standard from a Job Perspective

Aboveground Storage TankThe American Petroleum Institute developed the API 653 Standard to serve as a guideline on the inspection, repair and reconstruction of steel aboveground storage tanks among other aspects.

API’s first edition of the standard for the petroleum and chemical industries became published in January 1991. Steel storage tanks manufactured in compliance with API 650 and API 12C standards are the focus of API 653.

Those who wish to establish a career as an API 653 inspector can also apply provided they meet the institute’s criteria.

Job Description

A possible career as an aboveground storage tank inspector depends on your level of experience and education. For those who graduated with a bachelor’s degree in engineering or technology, API requires at least one year of experience in supervision or performance of inspection activities.

High school graduates can apply if they have at least three years of experience in the design, construction and other related tasks. People with no formal education can submit an application as well, given that they have at least five years of experience in various functions.

The qualifications for the job aligns with the API 653 Aboveground Storage Tank Inspector Certification Program, which helps states and local governments in regulations concerning aboveground tanks. Those who successfully land a job should also be certified and renew their license every three years.

Market Movement

An API report for the week ended Oct. 21 claimed that U.S. crude stocks increased by 4.8 million barrels during the period. Following the report’s release, crude prices dropped below $50 per barrel in post-settlement trade.

Oil prices also decreased as producers have voiced opposition to the Organization of the Petroleum Exporting Countries’ plan to downsize oil production. However, some countries like Iraq remained adamant that it will not cut its output.

The OPEC is scheduled to finalize the production controls at a Nov. 30 meeting in Vienna, Austria.