4020 offers a good description of how to do this right, run the UF cable to a GFCI outlet with an IN-USE weather proof cover. You can use buried PVC conduit and THHW or XHHW-2 insulated wire instead of the UF cable if you want.
Couple of other things. Is this plugged in to a GFCI outlet? GFCI works by measuring current (amps) out and current back, if they differ by more than about 5 milliamps, it trips. If you are tripping a GFCI, it means you have a leakage current, which means part of your insulation is likely compromised. Time to replace.
If it does not trip a GFCI, the next thing I would check is do you have a difference in ground potential between where you have your tank and where your electric service ground is. If so, the easiest way to correct this may be to just get a metal water tank. The metal tank will provide a bonding path between the water and the earth it is sitting on.
First though is get rid of the extension cord and do what 4020 electrician suggested. Hope this helps.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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