“Aramco loses 10,000 barrels of oil per day.
That’s “loses” in the strictest sense: It loads them on a truck or ship or pipeline, and then when it goes to unload them they’re not there anymore. They’ve evaporated or leaked or shrunk or whatever. It’s not a big thing, just one line and a footnote on one page of the discussion of operations. 1 The number is tiny, hardly worth mentioning, 0.1 percent of Aramco’s total output.
It’s also the equivalent of about 14 train cars full of oil vanishing every day, or losing about one supertanker full of oil (more than $200 million worth) every year. If you had a supertanker full of oil you probably would not misplace it. Aramco just has too much oil to care.”
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