Kevin O'Leary wants to build a $14 billion US oil refinery

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Kevin O'Leary wants to build a $14 billion US oil refinery
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'Shark Tank' investor Kevin O'Leary wants to lower gas prices by building a $14 billion oil refinery

Kevin O'Leary wants to lower US gas prices – and he's planning to do that by building a $14 billion oil refinery, the"Shark Tank" star said in a recent interview with"We haven't built a refinery in America in decades because we can't permit it … And the task I've decided I'm going to take on is I'm going to build a refinery in America," O'Leary said on Tuesday.

O'Leary emphasized the importance of US energy independence, calling it a top election issue. He pointed to OPEC+, the 13-nation oil cartel that recently announced a"The Middle East, which produces most of the world's oil, has told every economy including ours, do not depend on us in perpetuity for your energy.

That cartel had repeatedly slashed its crude production over the last year, exacerbating supply shortages and

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