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O’Leary Ventures Chairman Wants to Build a $14 Billion Dollar Refinery in the United States

4/12/2023

Kevin O’Leary, a Canadian businessman and also a judge on the “Shark Tank” television series, recently stated his intentions to build a $14 billion dollar refinery in the United States.  There has not been a significantly sized greenfield refinery built in the United States for over 40 years. Mr. O’Leary stated that “Unfortunately, no matter how much you think we're getting off hydrocarbons, it's not going to happen for 50 years,”  and in regards to renewable energy options, they are “not going to work.” Mr. O’Leary added that he intends to support the energy independence of the United States. Due to this stance, Mr. O’Leary announced in April 2023 that he fully intends to construct a new

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