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We talk about gas and oil and what they -- I think about.
Over here this barrel of -- so.
Let me ask the audience.
A big oil in this barrel how much of it becomes gasoline.
All but most of it -- -- I don't answer because you're too Smart you're my audience I.
I asked people in Times Square.
How much of that becomes gasoline.
All of it.
-- -- saying.
That maybe 6070%.
Is probably converted -- gasoline.
So what's the truth.
Well John -- me is chief economist for the American Petroleum Institute he should know so what percent of a barrel becomes gasoline.
Well varies by -- and -- type of course but roughly less than 50% goes to gasoline and the rest.
Goes to a lot of different things like gonna diesel fuel jet fuel things like that and a whole host of other products and all like all the stuff that's on -- -- All made from oil.
People realize this that there's one thing on this table this -- made from oil.
Can you guess what it is so will -- you raise your hand is is this life jacket.
When -- is the life check the computer.
One couple people a volleyball.
-- he says little about styrofoam cups.
Many assistant -- I'm not talking about the bottle the aspirin itself.
How about the last.
Okay you got it right this is the only thing not made with -- And why do you say this it's important for people to know this most important because if you're looking around your house.
Virtually everything that you have there is either made from oil or ship -- -- so even -- that glass wasn't made for moral it was probably shipped by.
What -- need to be we could be shipping things with power from the song.
Well you could -- could.
So if we stop using oil.
We wouldn't be able to have all these things.
There's no question we've been around for a 150 years inventing a lot of different uses for oil and what's really exciting is how much new oil we've been able to find.
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