Ask anyone what a barrel of oil makes. They'll say gasoline. That is maybe half the story.  

Strait of Hormuz headlines talk about gas prices at the pump. That is the loud part. The quiet part is what happens to the chemical supply chain when crude moves.
A 42 gallon barrel yields about 45 gallons of finished product. 43% goes to gasoline, 27% to diesel, 9% to jet fuel. The last 11% is where most of our business lives. That sliver becomes solvents, lubricants, waxes, asphalt, and the petrochemical feedstocks that turn into plastics, coatings, adhesives, surfactants, and thousands of specialty chemicals.

When crude gets disrupted, distributors feel it in benzene, toluene, xylene, and every downstream product on our price sheets. Gasoline gets the headlines.

The last few gallons built the modern world, and they move when oil moves.