It's a quarter after 3, do you known where your VLCC is?

Western Hemisphere

VLCC is a Very Large Crude Carrier, i.e. an oil tanker. They hold about two million barrels of oil. The USA consumes about 13 million barrels of oil a day. Most is produced domestically (about 12 million barrels). We export some (about 8.6 million barrels) and we import some (9.1 million barrels). You'd think that the oil dealers could save themselves a bunch of work by just redirecting the imports to our export clients, but you only think that because you don't understand the oil business. Neither do I, it's a little hard to comprehend when it doesn't make any sense, but then it's not my problem.

But if we are shipping all that oil here and there, you'd think there'd be more than six tankers hanging out in our neighborhood. Where are all these giant tankers?

Eastern Hemisphere

On the far side of the world, that's where.

Click the link to see the current tanker locations.

Via California Bob