I can't comment on cutting a barrel with an oil residue that is unknown to me. However, I have cut more than thirty 275 gallon domestic oil tanks with an oxy-propane torch. I cut them length wise and use the halves to store coal and fire wood. They are also good for sorting and storing scrap metal.
They all have at least five gallons of sludge and liquid oil residue. Sometimes a fire about the size of a dinner plate will start. I zap it with a CO2 fire extinguisher thru the bung hole and continue. These are all fresh tanks recently taken out of service.
If your barrel blows up, I think it is safe to say that "your mileage may vary".
I never would have considered torching a tank until I talked to the burner at a fuel tank recyling facility. He had been doing it for years and never had an incident.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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