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I store up to 500 gallons in 2 above ground containers. I used to get fuel for $1/gallon and the containers were given to me, so it was easily justified.
You'll need a pump, hose, nozzle, filter, and flow meter if you're interested in metering how much fuel you deliver. That all adds up.
I don't have problems with growth in the fuel and don't treat it with anything. That said, I don't draw off the bottom of the tank (I draw about an inch from the bottom) and have a filter.
In ground is probably better since it regulates temperature and blocks sunlight.
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