00:00i have a prop for today i'm gonna hold this up yeah what is this uh it looks like a
00:05magenta
00:05marker magenta yeah it's pink it's hot pink what's magenta it's like purplish pink really
00:12okay color is beside the point more importantly it is a result of a complex petrochemicals
00:19supply chain so what is this plastic casing actually made of this is a pop quiz that that
00:25i definitely have no idea okay it starts from yeah crude oil yeah that okay yeah so crude oil
00:31distilled into naphtha naphtha right naphtha and then naphtha is this is a hint cracked into
00:41ethylene or propylene yeah and then it gets polymerized yeah of course into polyethylene
00:48right and polypropylene right and then it gets chopped up into tiny little plastic pellets which
00:54i know you know this one nurdles nurdles the building blocks of highlighters and lots of
01:00other plastic products would be nurdles someone asked this on twitter the other day and they were
01:05like joe or uh is the higher price of oil gonna impact the price of plastics and i was like
01:10i
01:11would be very surprised if it didn't i think the question we're kind of inching towards is whether
01:17or not this is just going to be a question of price you know prices for plastics go up or
01:22an actual
01:23supply shortage in the sense that maybe you just can't get certain types of plastics or packaging
01:29and then automated
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