Growing volume of U.S. crude oil exports begs the question: 'what is the Permian?'
Reuters recently reported “a flotilla of tankers” was heading to Asian ports carrying ten million barrels of U.S. produced crude oil, with some of those barrels destined for Singapore. In fact exports of U.S. crude oil have been on a steep increase in recent months.

Shipping data obtained by Reuters showed that four supertankers—very large crude carriers (VLCCs) too big to pass through the Panama or Suez canals—were ferrying U.S. crude oil via the Atlanti...

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