Someone Had to Say It – Mineral Royalties

In a recent interview, Kevin O'Leary, investor, and star of the TV show "Shark Tank," predicted that the US will continue to rely on fossil fuels for at least the next 50 years. He dismissed renewable energy options as "not going to work" and pledged to invest in a new $14 billion oil refinery in the US to support the country's energy independence. He attributes the lack of new refineries in America to policy issues. Despite projections that fossil fuel consumption will plateau in the next decade, O'Leary believes that a complete rejection of hydrocarbons is impossible. Keep in mind that nearly everything we use every day is made possible by crude oil and natural gas.
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