+1 that you're draining Rusty Water . . . YES . . .
Drain It EVERY DAY !!
Those horizontal tanks are known to have rusting problems as large area for water to sit, and as you know it doesn't drain out well.
Recommend you remove the dinky drain spigot and instead screw in elbow and add length of pipe and a ball valve.
Make sure OP that your Pressure Release Valve is working and that upper limit pressure shutoff is working properly.
Also, examine BOTTOM of tank for rust problems like bubbled up paint, pin holes, etc. If bottom of tank has seam that runs right down to drain hole, pay special attention for any potential rust-through issues.
See the GJ thread for exploded air compressor tanks when rust has gotten out of hand, or pump runs without relief valve working.