Colbert Finds The Disappearing Oil (VIDEO)

WATCH: Colbert Discovers 'The Oil Has Achieved Whac-A-Mole Technology'

In the latest episode of The Colbert Report, Stephen Colbert tackles the case of the disappearing oil in the Gulf, as multiple media outlets have reported that cleanup crews are having a hard time finding oil.

Unfortunately, Colbert says it isn't just a matter of "out of sight, out of pelican," and in light of the new oil spills recently occurring in Michigan and a second one in the Gulf, he's figured out the problem: "We capped the Gulf leak and it popped up in Michigan, then we capped it in Michigan and it popped up in the Gulf again. Ladies and gentlemen, I am afraid the oil has achieved Whac-A-Mole technology."

Naturally, Stephen concludes that our oil workers should all be armed with large foam mallets.

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