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We Need Oil to Build Roads and More
October 5th the Wall Street Journal published an opinion piece that focused on an important subject.
“You Can’t Builds Roads Without Oil”
In the article, Jacob R. Borden said that 94% of all roads in America required oil to build them.
Imagine how much oil it will take to rebuild parts of Florida.
Or, how much oil will be required for the Infrastructure Act of 2021 that allocated $110 billion to build and repair roads and bridges.
My favorite is, how much oil will be required for the Inflation Reduction Act of 2022, which earmarked hundreds of billions to build renewable energy.
The article goes on to explain all the things we use every day of our life that is made from by-products of refined oil.
If you would like to learn how to be part of the solution to the world's energy crisis and know how you can take advantage of a Royalty Income from a producing Mineral property, be sure to contact us at your convenience. Just visit our website for the contact information.
#recession #inflation #stagflation #hyperinflation #energy
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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.
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