The Kennedy family started their family oil company for pennies on the dollar (they bilked the mineral rights from poor people).
Email Ted.How much capital is needed to open a start up oil company?
millions upon millions upon millions.
In fact, if your not in the oil business, there's a VERY good chance your not going to be in the oil business.
Why you ask?
The easy to find oil is long gone. Now it's all offshore. You don't have an deep sea oil rig platform in your backyard do you?? Perhaps a few hundred million lying around to build one??
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