We used to as kids, as when the heating oil driver showed up, we just had him top off a 55 gallon drum. But now that minisplits are in vogue, and oil furnaces are being removed from homes, there are plenty of used 275 gallon oil tanks around. I got (3) unused ones now.
There is nothing wrong with using a 55 gallon drum, but as mentioned, used oil tanks might be around too.