"Cost of energy": Shark Tank investor Kevin O'Leary discusses ways to cut down inflation

Shark Tank
Shark Tank Investor Kevin O'Leary | Image Source: Instagram/ @sharktankabc

Shark Tank investor Kevin O'Leary shared a clip via his Instagram on January 27, 2025. In the video, he discusses why inflation takes "longer" to go down with Fox News's Jesse Watters.

The discussion covered various topics, including how the energy sector is affecting inflation, how inflation has built up in the past four years, and more. While sharing about the cost of "energy" and "inflation," Shark Tank mentor shared:

"Making energy independence important and security. Just make drill "drill." We know that story. That reduces all input costs. Energy is an input cost across all 11 sectors, and so when you reduce the cost of energy, inflation comes down."

He added:

"Now, there's a whole lot of other issues that are around, you know, interest rates and everything else. But we had so many acts in the last four years that poured money from a helicopter into every sector. I mean, you know, the...the inflation act or whatever you wanted to call that thing, billions. I don't know why we did that."

Shark Tank investor Kevin O'Leary opens up about inflation and energy sector

In a recently uploaded video, Shark Tank mentor Kevin O'Leary shared his views on inflation and how it is affected by the energy sector. He mentioned that among all 11 sectors, "energy" is the input cost, and reducing the cost of energy would result in inflation reduction.

When the Fox News correspondent asked the guest to share his views, he mentioned:

"The truth is, though, inflation took a long time to build up, and the most measurable are around proteins, eggs, cheese, meat, housing, either your rent or your mortgage payment, and energy prices. So from what I can see from the mandates brought in by the new administration, Trump. They're attacking all of those."

Further in the discussion, O'Leary referred to "Intel" as a "loser company" and said that he would "never invest" in a semiconductor company like Intel.

"I don't know why my tax dollars have to. We should let the private sector do that to some form of tax credit. All of these government programs are too much...too much at the same time. Helicopter money. It's gonna take a while to burn that off, Jesse. I would say about two years till you get inflation anywhere near 2%," said Kevin O'Leary.

Later, the host mentioned US Senator Liz Warran's views on how "we don't have two years" regarding bringing down the prices "down now." Listening to that, the Shark Tank investor replied that he loved Elizabeth and Alexandria Ocasio-Cortez (AOC), United States representative.

Referring to them both, Kevin O'Leary stated that they were the "best marketeers" and talked about how they "rent" and "rave."

"They're marvelous at it. I hate their policies. I left Machachussets to go like everybody else. All my neighbors are from Boston. That's where my family grew up, where my kids were born. We can't afford Boston anymore. Horrible tax policies. But AOC rants and raves. She's really good at it," shared Kevin O'Leary.

O'Leary recalled how he had "often" told her to let him "partner" with her and her t-shirt business. He added that she was the "living proof" of how inside every single "socialist" there was a "capitalist" screaming to get out.


Fans can stream the latest Shark Tank episodes on ABC Network.

Edited by Sarah Nazamuddin Harniswala
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